"A few moments ago, the Brooklyn Bridge Development Corporation announced that Phase 1 of the park's development had formally been contracted for and would begin next month. The $47 million deal with Skanska will cover 2.5 acres of lawn at the foot of Old Fulton Street, 1,300 feet of waterfront promenade and a portion of the Brooklyn Greenway." [Brownstoner]For more stories from Curbed, go to curbed.com.
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