Where's Our Park - Norm Brodsky - CitiStorage Site

About the “Value” of the CitiStorage Property

Adam D. Perlmutter Open Space Alliance for North Brooklyn June 18, 2016 There has been a lot of discussion both here and elsewhere about the “value” of the CitiStorage property. Most think that Brodsky should be happy with realizing an almost 2100% return and take the City’s offer. A few think that he should get […]

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Borough President Eric Adams at the BIP Countdown Banner

Brooklyn BP Says ‘Countdown’ on for Bushwick Inlet Park Deal

NY1 June 17, 2016 Brooklyn Borough President Eric Adams unveiled a clock Friday, counting down the days the owner of a Williamsburg warehouse has to accept the city’s offer to buy the land needed to complete Bushwick Inlet Park. The city has offered site owner Norm Broadsky $100 million for the land in Williamsburg now […]

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$100 Million Still Not Enough for Final Piece of Bushwick Inlet Park

Greenpointers.com June 16, 2016 The city is only one purchase away from obtaining the final puzzle piece needed to complete Bushwick Inlet Park: an 11-acre piece of land owned by Norman Brodsky and Samuel Kaplan of CitiStorage. On June 9, 2016, New York City made a major offer of $100 million. Brodsky officially refused the offer […]

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CitiStorage Illuminated

Brodsky refuses DeBlasio’s $100M offer for Bushwick Inlet Park site: rep

Brooklyn Paper June 10, 2016 by Ruth Brown A Williamsburg property mogul rejected Mayor DeBlasio’s $100-million offer to buy land he owns on the neighborhood’s waterfront, thwarting Hizzoner’s effort to make good on a decade-old promise to turn the site into parkland, according to his broker. City officials met with developer Norm Brodsky on Thursday […]

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Jens Rasmussen

What the CitiStorage Property is Worth and Why No One In Their Right Mind Will Overpay for It

Press Release from Friends of Bushwick Inlet Park June 9, 2016 Download A recent press report noted that the “leading” estimate of the value of the CitiStorage property is $77-92 million dollars. The City just offered the owner Norman Brosdky $100,000,000 to turn it into parkland. Brodsky has not publicly indicated that he will accept […]

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Mayor Bill de Blasio

City Makes Offer for CitiStorage Site!

  June 9, 2016 The de Blasio administration has offered the owners of the last unacquired parcel a very generous $100 million for their property!  All await the owners response. We applaud the mayor for this aggressive move towards completing Bushwick Inlet Park. We also thank our elected officials for their unrelenting support on this […]

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Mayor

City Plans Database to Track Promises Made During Rezonings

City Limits June 8, 2016 At a Land Use Committee hearing on Tuesday morning, elected officials and community advocates offered praise and criticism for a bill that would establish an online public database to track the city’s commitments to rezoning neighborhoods. Some said the bill needed to go farther, establishing mechanisms to improve oversight and […]

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