Wednesday, March 31, 2010

Brooklyn Bridge Park Public Hearing Notice - April 26

Officials Cut the Ribbon at the Opening Of Brooklyn Bridge Park - March 22, 2010. "In terms of disparities,  the City does not have the money to have new parks and fund them," Mayor Bloomberg stated when asked to comment on the disparity between the level of maintenance and operation funds Brooklyn Bridge Park receives and other parks. Photo:  © Geoffrey Croft/NYC Park Advocates





Public Hearing on April 26, Regarding the Modification of the Brooklyn Bridge Park General Project Plan.  Please Make Every Effort to Attend.


LEGAL NOTICE 


NEW YORK STATE URBAN DEVELOPMENT CORPORATION 

D/B/A EMPIRE STATE DEVELOPMENT CORPORATION 

AND 

BROOKLYN BRIDGE PARK DEVELOPMENT CORPORATION 

NOTICE OF PUBLIC HEARING TO BE HELD MONDAY, APRIL 26TH, 2010, 

PURSUANT TO SECTION 16 OF THE NEW YORK STATE URBAN 

DEVELOPMENT CORPORATION ACT IN CONNECTION WITH THE PROPOSED 

BROOKLYN BRIDGE PARK CIVIC AND LAND USE IMPROVEMENT PROJECT 


PLEASE TAKE NOTICE that a public hearing, open to all persons, will be held  by the New York State Urban Development Corporation d/b/a Empire State Development  Corporation (“ESDC” or the “Corporation”) and Brooklyn Bridge Park Development  Corporation pursuant to Section 16 of the New York State Urban Development  Corporation Act (Chapter 174, Section 1, Laws of 1968, as amended; the “Act”) at the  Polytechnic University, 5 MetroTech Center, Brooklyn, New York, in the Dibner  Auditorium at said facility, from 6:00 p.m. to 9:00 p.m. on Monday, April 26th, 2010 to  consider a proposed modification to the General Project Plan (the “General Project Plan”)  for the Brooklyn Bridge Park Civic and Land Use Improvement Project (the “Project”).


The public hearing is for the purpose of:  (1) informing the public about the  modification; and (2) giving all interested persons an opportunity to be heard with respect  to the proposed modification of the General Project Plan, pursuant to Section 16 of the  Act. 

 

Description of the Modification to the General Project Plan 

 

The existing Modified General Project Plan (“GPP”) for the Project consists of  the GPP and related findings adopted in July, 2005, affirmed as modified in January,  2007, and affirmed as further modified in December 2007 to permit Brooklyn Bridge  Park Development Corporation (“BBPDC”), a subsidiary of New York State Urban  Development Corporation d/b/a Empire State Development Corporation (“ESDC”) to  construct, operate, and maintain the Project, including the Brooklyn Bridge Park (the  “Park”), and to develop certain parcels (the “Development Parcels”) within the Project  site to produce revenue for the Park.   

 

This additional proposed modification to the GPP is being proposed in order to  expedite the completion of the Project with new funding and local control of the Project.   BBPDC proposes to enter into ground leases or sub-ground leases and other necessary  arrangements for the Park and the Development Parcels with a not-for-profit corporation,  currently referred to as Brooklyn Bridge Park Operating Entity (“BBPOE”), which the  City of New York (the “City”) will establish, or cause to be established, in order for  BBPOE to be responsible for construction, operation, maintenance, and funding of the  Project.   

   

In order to continue the development of the Project, the City will provide $55  million to BBPOE for the construction of the Project, in accordance with the GPP, and  related expenses.  BBPOE, the City, and BBPDC intend to cooperate with respect to  those parcels included in the Project that are currently owned by the City and others  (collectively the “Other Parcels”) in order to create a seamless Park experience for Park  visitors and, with respect to Other Parcels that are identified in the GPP as Development  Parcels, new sources of revenue for the Park. 

 

The ground leases, sub-ground leases and other necessary agreements will require  that BBPOE assume operational control of, and financial responsibility for, the Park and  the Development Parcels.  BBPOE will control all revenues from the Park and the  Development Parcels.  BBPOE will oversee all planning, construction, maintenance, and  operation of the Project, including the ability to designate and select developers for the  Development Parcels and concessionaires and operators for the Park Parcels.  BBPDC  will assign or transfer to BBPOE, or enter such other agreements with BBPOE as  necessary, to ensure that all construction and funding agreements currently in place with  respect to BBPDC continue in effect and all funds currently held by or for BBPDC are  controlled by BBPOE.  BBPOE will receive an assignment of all revenues from the Park  and Development Parcels.  

 

The proposed draft modification to the GPP will not be final until after: (i) public  comment has been collected and reviewed; (ii) the BBPDC Board has reviewed and  approved proposed final documents at a later BBPDC Board meeting; and (iii) the ESDC  Directors have reviewed and approved proposed final documents at a later ESDC  Directors meeting. 

 

Availability of the Proposed Modification to the General Project Plan  The General Project Plan is available for viewing at the website   www.brooklynbridgeparknyc.org/  Copies of the proposed modification to the General  Project Plan are available, without charge, to any person requesting such copies at the  Corporate Office of ESDC, 633 Third Avenue, New York, New York 10017 and is  available for inspection by the general public between the hours of 9:30 a.m. to 5:00 p.m.,  Monday through Friday (an appointment can be made by calling (212) 803-3822).   Pursuant to Section 16(2) of the Act, ESDC and BBPDC also have filed a copy of the  modified General Project Plan in the office of the Clerks of the New York County and  Kings County, City of New York, and have provided copies thereof to the Mayor of the  City of New York, the Borough President of the Borough of Brooklyn, the Chair of the  City Planning Commission, and the Chair of Brooklyn Community Boards 2 and 6.   Copies of the modified General Project Plan will also be available at the public hearing.  

 

Receipt of Comments 


Comments on the proposed modification to the General Project Plan and the  proposed acquisition and disposition of properties are requested and may be made orally  or in writing at the hearing on April 26th, 2010, or presented in writing to ESDC and  BBPDC (a) electronically by e-mail at brooklynbridgepark@empire.state.ny.us or (b) in  hardcopy at 633 Third Avenue, New York, New York 10017 (Attention: David Lowin)  or by facsimile transmission to (212) 803 3838 on or before May 26th, 2010.  Comments  received after 5:00 p.m. on May 26th, 2010 will not be considered.  


Dated: March 27, 2010


NEW YORK STATE URBAN 

DEVELOPMENT CORPORATION D/B/A 

EMPIRE STATE DEVELOP`MENT 

New York, New York    CORPORATION 

      By Eileen McEvoy 

       Corporate Secretary 

 

      BROOKLYN BRIDGE PARK 

      DEVELOPMENT CORPORATION 

      By Regina Myer 

       President 

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