Should Battery Park City be Privatized?

The first CEO of New York's Battery Park City calls for a $3 billion selloff and a $300 million growth spurt at the historic mixed-use development.

1 minute read

October 28, 2005, 7:00 AM PDT

By Chris Steins @planetizen


"The 40-year effort to build Battery Park City, which should be concluded at the end of this decade as development of the last site is completed, saw gradual evolution and dramatic change in design philosophy, political leadership and market conditions. The site's placid facades and graceful parks belie the bitter, contentious infighting that often ruled the process. But its present success has arrived as much in spite of rather than because of that process. Markets and tastes have come to match what Battery Park City has to offer..."

Thanks to Peter Slatin

Thursday, October 27, 2005 in The Slatin Report

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