From the Daily News:
The city is looking into purchasing the yard of a Jackson Heights private school that just happens to sit across the street from Travers Park.
But officials are worried the city won't be able to come up with the $5.25 million needed to secure the Garden School's 20,000-square-foot property before a developer snatches up the prime real estate.
Dromm secured $4 million in Council funds to buy the property. Queens Borough President Helen Marshall is ready to kick in an additional $1 million.
The price of the property is still under negotiation, said Mark Daly, a spokesman for the Department of Citywide Administrative Services. Even once that's settled, it could take up to two more years to go through the steps to acquire the property, he said.
But the Garden School is in financial straits, said Marshall's spokesman Dan Andrews, and is looking to unload the land as soon as possible.
One proposal that might sweeten the pot is a playground-sharing deal the city is looking into, a Parks Department official said. This would allow the school to use the land during the day and then open it up to the public once classes are over.
But if all else fails, city officials said they haven't ruled out eminent domain.