We can figure out why the video doesn't mention that the planned Willoughby Square park (right) is the site of an eminent domain fight, but the claim that it would be "a beautiful public space similar to midtown's Bryant Park" begs for some fact-checking. Bryant Park is eight acres. Willoughby Square would be 1.25 acres. More precisely, it would be a bonsai Bryant Park.It continues:
The video does a bang-up job of avoiding the news that the Downtown Brooklyn rezoning, intended to spur office construction, didn't quite work as expected. Instead, with the assistance of 421-a tax breaks subsidizing luxury construction, it will make some residential developers a nice return and bring some wealthier people downtown.For more, click here.
The city once expected 4.6 million square feet of office space by 2013, even though the rezoning would have allowed an additional 2 million more square feet. Now the prediction is 1.5 million square feet by 2012, though the DBP fudges it by combining office and retail space--which are very different--and calling it 3 million square feet.