Proposed Mega-Towers near Brooklyn and Manhattan Bridge (apartments, neighborhood)

[BPt111]

A slice of the Lower East Side near the Manhattan and Brooklyn Bridges offers sweeping views of the Brooklyn skyline. For years, the low- and middle-income residents of some buildings in the area have had it all to themselves.

But now several developers are seeking approval of plans to build four residential towers. Residents fear the projects would make the neighborhood unaffordable.

"We think it'll accelerate the gentrification in the community," resident Marc Richardson said. "75 percent of these apartments are targeted to more affluent residents, not in keeping with the socioeconomics of the community."

Developers are reviewing with the city for approval and residents are not happy



NYers sound concerns with plan build towers along East River

[OyCrumbler]

Sure, does it come with a lot of flood mitigation money?

[propman-nyc]

The locals put on an act like this is a brand new idea. So after decades of gentrifying the entire City, their gentrification alarm bells just went off? With the proposed towers proximity to downtown Manhattan and also next door to the Brooklyn Bridge, it should not be too huge of a surprise at this point.

Big league developers have been planning giant towers for Brooklyn for a while now and this is not the first announcement describing their visions.

[OyCrumbler]

Originally Posted by propman-nyc

The locals put on an act like this is a brand new idea. So after decades of gentrifying the entire City, their gentrification alarm bells just went off? With the proposed towers proximity to downtown Manhattan and also next door to the Brooklyn Bridge, it should not be too huge of a surprise at this point.

Big league developers have been planning giant towers for Brooklyn for a while now and this is not the first announcement describing their visions.

What gave you the impression that everyone’s surprised?

[Shizzles]

Most of the pre-existing housing in the area is either NYCHA or Mitchell-Lama. The fact is more market rate housing will help bring in more monies for schools, social programs and transit. People need to realize that a healthy city is a socio-economically diverse one, not one that is entirely poor.

[OyCrumbler]

Originally Posted by Shizzles

Most of the pre-existing housing in the area is either NYCHA or Mitchell-Lama. The fact is more market rate housing will help bring in more monies for schools, social programs and transit. People need to realize that a healthy city is a socio-economically diverse one, not one that is entirely poor.

The lower east side is also one of the parts of Manhattan most in danger of increased flooding, so as part of this rezoning, part of the concessions that should be targeted is funding for flood prevention / mitigation measures for the entire area.