Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
New York may lease 'hidden' vaults under Brooklyn Bridge to cover $6 billion budget gap
short by Medhaa Gupta / on Friday, 3 April, 2026
US' New York City Council has proposed leasing out "hidden" vaults under the iconic Brooklyn Bridge as part of its plan to cover the $6 billion budget gap. The council said it could generate an additional $17 million/year in rent, considering Manhattan's average retail rent is $109.61/square foot. The vaults are reportedly being used as "glorified" car parking spaces currently.
read more at Firstpost