June 20th, 2012 | Published in Brooklyn News
A new luxury hotel and condo complex is about to find a home stretched across the waterfront from the main entrance of Brooklyn Bridge Park. The hotel, a $300 million endeavor, is set to finish in 2015 –despite being a sore topic for nearby residents. Opponents of the development believe the hotel will create more neighborhood traffic, block beautiful waterfront views, and turn the public park into a giant backyard for condo buyers. City officials countered saying the project is essential to completing the entire park and it will generate $3.3 million in revenue towards the $16.1 million annual maintenance budget.
Toll Brothers and Starwood Capital Group will break groundnext summer, bringing 200 hotel rooms and 159 apartments to the bulldozed lot at Pier 1 in Brooklyn Heights, south of the Brooklyn Bridge. The development will also include 16,000 square feet of restaurant space, a banquet and meeting space, 2,000 square feet of retail space, a spa and fitness center, and 300 parking spaces. The city expects the park to have more than 1,200 condos, or more like they need that many to cover the maintenance costs.
What are your thoughts about this Brooklyn news? With more people moving to the borough, should they accommodate? Or are they destroying a scenic area just to over stuff the town?