Brooklyn Heights Association: New data from city shows Pier 6 development unnecessary
‘Developments worth more than park estimated’
The Brooklyn Heights Association (BHA) says that property valuations released by the city’s Finance Department last month show that two residential towers planned for Brooklyn Bridge Park’s Pier 6 are not financially necessary.
The city’s valuations show that private high-end developments already built in the waterfront park will bring in much more money than the park corporation projected, BHA says — rendering the Pier 6 project unwarranted.
BHA filed a lawsuit to block the Pier 6 development on July 7; the next appearance is scheduled for March 6. UPDATE: The date has been changed to April 12.