Condo foes eye ways to fund Brooklyn waterfront park without towers

Daniel L. Squadron

February 23, 2011

NY Daily News

BY Erin Durkin

Brooklyn'sĀ gleaming new waterfront park could raise up to $7 million a year without building controversial condo towers, according to a report released Tuesday.

Taxing nearby businesses or building restaurants, stores or parking spots could raise the $7 million - a big chunk of the $8 million to $9 million set to be raised from high-end housing at Pier 6 and John St.

Some of the money depends on a controversial idea to create a Park Improvement District, charging fees to surrounding businesses and property owners. Or officials could build new parking lots or step up private fund-raising. In total, the efforts could raise between $2.4 million and $7 million, consultants found.

Parks Commissioner Adrian Benepe quickly shot down many of the ideas, saying the numbers were too "optimistic."

But housing opponent Sen. Daniel Squadron (D-Brooklyn Heights) said the report "shows it's possible to fund the park without imposing a new fee on Brooklynites or building new ... luxury housing."

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