Officials from Mayor Bloomberg’s administration provided updates on Brooklyn Bridge Park. The officials stated that despite the state's lack of funding for the park, the City is still planning on completing portions of Pier 1 and 6. The City is also committed to building housing near the park. Other parts of the project, however, such as the remainder of the 85-acre park between Piers 1 and 6 and condo and hotel developments will not be built unless new funding is established. There are currently discussions underway that would allow the City to take over development plans for the Park.