real_estate
Restoration Of The Vale Breaks Ground In Prospect Park, Brooklyn
By New York YIMBY | Max Gillespie | 3/18/2026 7:31 AM
The New York Economic Development Corporation (NYC EDC), NYC Parks, and Prospect Park Alliance have broken ground on the $37.5 million restoration of the Vale, an 8-acre project in the northeast corner of Prospect Park in Brooklyn. Funded by the Mayor’s Office, the work is the largest capital allocation in Prospect Park Alliance’s history, with the Alliance’s in-house architects and landscape architects leading the design for a renewed public space centered on nature, quiet reflection, and intergenerational play. ... Read full Story