Bubble Wrap

$16M A Year for Planned B'klyn Park

The Post reports on the updated costs released by officials to build and maintain the new Brooklyn Bridge Park. Estimates now put the build out at $346.3 million with $16.1 million needed per year for maintenance. An analysis by the Post found that upkeep at the new park will be the second most costly in the city, behind only Bryant Park.

But Regina Myer, president of the Brooklyn Bridge Park Development Corp., said yesterday that the 447 condos already built at the One Brooklyn Bridge Park development should generate $5 million a year in revenue—enough, she said, to keep the park afloat in the early years.