Public Institutions In Private Developments: Plans For a Smaller, If Sleeker, Donnell Library Reveal Trade-offs
These last few years have been challenging ones for both the New York and Brooklyn public libraries. Anemic funding and dwindling resources have collided not only with the need to repair many aging structures, but also to retrofit them to meet changing technology requirements. The combination of lean budgets and growing needs have, without a doubt, created a mounting financial crisis.
The question is how to fix it. For the libraries, one of the more popular strategies of late has been selling buildings and land to developers in exchange for some cash and a space in the condo tower that will be built on the parcel. Recently, plans to sell two libraries in Brooklyn have stirred up controversy, with local residents protesting that the sales are a bad deal for both taxpayers and library patrons. Read More