The deal came with two major caveats – an agreement that the Bloomberg Administration contributes $55 million to finish the $350 million park in the next fiscal year, and the city will explore other options for funding the parks mandate to be self-sustaining. In other words, plans to construct housing on Pier 6 and John Street to pay for maintenance of the park are on hold while a new board explores potential alternative revenue sources.
Supposedly, we can also look forward to an ice rink, a floating pool and a year-round recreational bubble. Oh, and unlike Fulton Ferry Park, Brooklyn Bridge Park is set to stay open until 1am for after dark revelers and dog walkers.



