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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Kim Fraser & FBIP at CB1

CB1 Approves Resolution Against Ever Rezoning CitiStorage Property!

Good News! This week Community Board #1 passed a resolution against ever rezoning the CitiStorage Property for residential or enhanced commercial development! The resolution demands the City fulfill its promise from the 2005 Greenpoint Williamsburg rezoning plan to create a full contiguous Bushwick Inlet Park on the East River Waterfront. We can’t thank the board […]

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CitiStorage Mural

City Closes $160M Deal for Last Piece of Bushwick Inlet Park

DNAinfo April 19, 2017 By Gwynne Hogan WILLIAMSBURG — The city closed a $160 million deal to buy the last piece of property it needed to complete the sprawling 27-acre waterfront Bushwick Inlet ParkWednesday, touting the deal as proof that the mayor’s office would stick to its word. “Today’s acquisition is proof positive that we keep our promises,” […]

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Congresswoman Carolyn Maloney

Proponents of Bushwick Inlet Park triumphant as final piece falls into place

Brooklyn Daily Eagle December 19, 2016 Political Leaders Join Neighborhood Activists and Property Owners to Announce Way Forward for Waterfront Park By Andy Katz A promise longstanding from City Hall to the residents of Greenpoint and Williamsburg was finally fulfilled as Mayor Bill de Blasio joined other elected officials, business leaders and neighborhood activists on […]

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City acquires land needed to complete Bushwick Inlet Park

News 12 Brooklyn December 17, 2016 WILLIAMSBURG – The city has reached an agreement to buy the final piece of land necessary to complete the Bushwick Inlet Park, exciting members of the community. The $160 million land acquisition was needed to create the full 27-acre park that was promised to the community back in 2005. […]

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Bushwick Inlet Park Masterplan rendering from NYC Open Space Master Plan

“Maker Park” – For the Record

As many of you have seen, a group by the name of Maker Park is holding a “Design Display” meeting on Tuesday evening. “Maker Park” is a proposal to supplant the Bushwick Inlet Park masterplan with a new plan that would retain the tanks and buildings at the Bayside Fuel Oil site, repurposing these relics […]

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Bushwick Inlet Park Masterplan rendering from NYC Open Space Master Plan

Success for Bushwick Inlet Park – Now What?

Waterfront Alliance December 2, 2016 On November 22, the Brooklyn waterfront communities of Williamsburg and Greenpoint erupted in cheers at the City’s announcement of a deal to acquire 11 acres known as the CitiStorage site. This stretch of waterfront land, purchased for $160 million after lengthy negotiations with the owner, will allow Bushwick Inlet Park […]

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Bushwick Inlet

New York Buys Last Tract for Williamsburg Waterfront Park for $160 Million

New York Times November 24, 2016 A patchwork of weeds, rusted refineries, dilapidated warehouses and pollution-soaked land along the East River in the Williamsburg section of Brooklyn has long held the unfulfilled dream of local residents. For more than a decade, New York City officials have promised to transform the industrial wasteland into a 28-acre […]

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CitiStorage Building

Pieces in Place for Brooklyn Waterfront Park

Wall Street Journal November 22, 2016 City to pay $160 million for final parcel of land needed for Bushwick Inlet Park New York City struck a deal to buy the final piece of land for a long-promised park along the Brooklyn waterfront. It agreed to pay $160 million for a storage complex that was badly damaged in […]

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Bushwick Inlet Center

City buys last piece of land needed to build Bushwick Inlet Park

NY Daily News November 22, 2016 The city has finally struck a deal to buy the last chunk of land it needs to build Brooklyn’s long-delayed Bushwick Inlet Park, Mayor de Blasio announced Tuesday. The de Blasio administration will pay $160 million under an agreement reached Monday for the site of the former CitiStorage warehouse, […]

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Bushwick Inlet Park Soccer Field & CitiStorage

City reaches $160 million deal for last piece of Bushwick Inlet Park

Crain’s November 22, 2016 Acquisition comes after months of tense negotiations for CitiStorage site The city has reached a $160 million deal to purchase the final parcel of waterfront property needed to create Bushwick Inlet Park, a planned 25-acre green space in Williamsburg. The city is buying an 11-acre site occupied by CitiStorage. One of […]

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Adam Perlmutter, Kim Fraser & Katherine Thompson on NY1

City Purchases Final Land Chunk for Bushwick Inlet Park

NY1 November 22, 2016 The city has made a deal to acquire the final piece of land needed for a long-promised park in Brooklyn. NY1’s Lori Chung filed the following report. The CitiStorage site in Williamsburg will soon be under city ownership, and ultimately, the land that will finally complete Bushwick Inlet Park. “We’re going […]

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