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BAM Cultural District Projects Stalled, Hurt By Economy

  BROOKLYN ACADEMY OF MUSIC CULTURAL DISTRICT  
  BROOKLYN COMMUNITY DISTRICT 02  
April 2, 2009
Brooklyn Papers

Due to the “shaky” financial market, a mixed-income rental tower planned for the Brooklyn Academy of Music (BAM) Cultural District will not be built. 100 apartments in the 187-unit tower were to be below-market rate. The Enrique Norten-designed, $135 million glass-walled complex adjacent to a grand public plaza that was to the centerpiece of the BAM Cultural District is also on hold because the Brooklyn Public Library backed out of a performing arts library for the building in 2008. Lastly, the renovations of the Strand Theater, which originally were to be finished in 2010, will not start until fall 2009 and will be complete in late 2011.