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What’s New in the World of Bushwick Inlet Park?

October 29, 2015

Midtown Equities is selling one of its properties in downtown Brooklyn for $200 million, which is also, coincidentally, the amount it would need to purchase the CitiStorage property from owner Norm Brodsky.

A “source familiar with the deal” told Crain’s that the two deals weren’t related, but local activist Kim Fraser (Friends of Bushwick Inlet Park) thinks the developer is getting “really close” to sealing the deal.

“You just have to read in between the lines and try to figure out what’s really going on,” she told Greenpointers. “We just feel it — it’s not because anyone said anything to us or gave us concrete factual information, but various people in our group have been involved in fighting for the waterfront for a long time. It’s not the first time members of the group have been up on this horse, and they kind of know the way it goes down.”…

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