From a report by NY4P:
• Aqueduct Racetrack – The New York Racing Authority, which operates the Aqueduct Racetrack in Ozone, Queens, filed for bankruptcy in November 2006. The DPR is interested in converting the site into park land.
• Arverne Waterfront – In 2004, the City Department of Housing and Preservation began development of property in Arverne in Queens. Part of the plan is to develop 27 acres of park land. The project is in the early design phase and is estimated to cost $42 million to build.
• Elmhurst Gas Tanks – In 2004, Keyspan sold the City a 6.1-acre plot of land in Elmhurst, Queens for $1. Since that time, the City has dedicated $16 million in capital funds to convert that plot into parkland.
• Sunnyside Yards – An Economic Development Corporation paper leaked to the press in May 2006 called for substantial development over a platform on the Sunnyside Yards in Queens. As many as 35,000 housing units would be built on the 43-acre site and parkland would also likely be constructed.
• Cresthaven Site – City Councilmember Tony Avella has called for a 6.5-acre park to be built on the Cresthaven property, formerly owned by Catholic Charities, in Whitestone, Queens. Senior housing was intended to be built on the site, but federal funding designated for the project never materialized. The DPR has not announced any plans for the site.
• Queens West – This 12-acre waterfront park is currently under design by the DPR. It is intended to complement a large middle-class housing complex being built in Long Island City.
• Silvercup West – Land adjacent to the Silvercup Studios in Long Island City is planned for development as a large housing complex. Part of the development plan, overseen by the EDC, is to build a one-acre park.
• Fort Totten – This 11-acre site, formerly owned by the US military, has recently been conveyed to the DPR for use as parkland. The site is currently under construction and will cost roughly $15 million.
• Highland Reservoir – In 2004, the City Department of Environmental Protection turned over the 50-acre Ridgewood Reservoir, located in Highland Park, to the Department of Parks and Recreation. The reservoir had not been in use since 1989. The Parks Department is currently planning to convert the acreage into parkland. Highland Park straddles Brooklyn and Queens. The site will cost $60 million to develop and will be funded with City capital funds.
Notice that Flushing Meadows makes close to what Central Park earns in revenue. Yet, CP looks like gold and FMCP looks like a shit hole. Why? Because immigrants and the working class don't deserve a nice park.