Quantcast

Owner of NYC protest park navigates a dilemma

By Monika Mathur

Associated Press

Published: Thursday, Oct. 20 2011 3:31 p.m. MDT

A "Good Neighbor Policy" is posted in Zuccotti Park where Occupy Wall Street protesters start their day in front of a building owned by Brookfield Properties in New York, Thursday, Oct. 20, 2011. Zuccotti Park, the New York plaza commandeered by activists who helped give birth to a global protest, is owned by a wealthy real estate magnate who has properties worldwide and millions of dollars on hand, precisely the sort of corporation the protesters have been shouting about. Now the company finds itself navigating a dilemma: How to keep the public from using a space that is open to the public?

Seth Wenig, Associated Press

NEW YORK — The New York plaza commandeered by activists near Wall Street is owned by the sort of corporation they are protesting.

Brookfield Office Properties is a wealthy real estate corporation that owns Zuccotti Park, the plaza where protesters have camped out for weeks. Brookfield tried and failed to kick the protesters out last week to clean it, but its options are limited.

Zuccotti Park is among more than 500 "bonus plazas" in New York City. Bonus plazas are privately owned public parks created as a compromise between the city and developers. In exchange for breaks in zoning law, developers must build a plaza to provide "light and air" for the people on the street.

Some experts think bonus plazas could launch a new chapter of activism in the city's history.

Get The Deseret News Everywhere

Subscribe

Mobile

RSS