From the NY Post:
A Queens waterfront-park project will become the first city-run green space funded by the construction of new housing, The Post has learned.
City officials confirmed that daily maintenance of an 11-acre esplanade planned for Long Island City will largely be funded with revenue from 5,000 apartments in the same project.
And park advocates fear the city's Hunters Point South development will open the door to other city parks relying on housing to survive, as a state-city quasi government entity is with Brooklyn Bridge Park.
They’re also concerned that the new park, like the 85-acre Brooklyn Bridge Park project that includes condos, will ultimately feel more like a fancy back yard for residents of the adjoining housing than a true public park.
"It's a dangerous precedent to rely on these funding schemes, as they create an enormous disparity between the haves and the have-nots," said Geoffrey Croft, of New York City Park Advocates.
"Plus, it's even worse than Brooklyn Bridge Park because Hunters Point is a denser project, with many more residents and less parkland."
With an anticipated budget of about $1.1 million, or $100,000 an acre, Hunters Point’s esplanade would also be among the city’s top-funded parks through the creation of 3,000 affordable and 2,000 market-rate adjacent apartments.
The city spends nearly $10,000 an acre in tax dollars to maintain the average park. Historically, the best ones — like Bryant and Central — are usually in elite neighborhoods that supplement their budgets with private dollars raised by well-funded conservancies.