Local Pols Ask Consideration of Watchtower Properties for Park Funding

Brooklyn Heights Blog

by Claude Scales on 04. May, 2011

In a letter to Robert Steel, Chair of the Committee on Alternatives to Housing of the Brooklyn Bridge Park Board and Deputy Mayor for Economic Development, State Senator Daniel Squadron, Congresswoman Nydia Velazquez, Borough President Marty Markowitz, Assembly Member Joan Millman, and City Council Members Steve Levin and Brad Lander urged further consideration of payments in lieu of taxes (PILOTs) on residential properties to be developed in buildings to be vacated by Watchtower as a source of funds for operation and maintenance of Brooklyn Bridge Park. In so doing, they supported the resolutions of Community Boards 2 and 6, and of the Community Advisory Council to the Park, that the Watchtower properties and other potential sources of funds be considered in lieu of housing to be constructed on park land to funds the Park’s upkeep.

According to the letter:

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