Brooklyn park gets $40 million for indoor cycling

NEW YORK (WABC) -- The wheels are in motion for a new arena for bicycle racing in Brooklyn.

A proposed field house in Brooklyn Bridge Park would feature a 115,000-square-foot facility near Pier 5 that would have a 200-meter inclined cycling track, 2,500 seats and a huge infield that could accommodate other sports.

The project got a big boost Thursday with a $40 million pledge from Joshua Rechnitz, a philanthropist and cyclist.

It's the largest gift in the history of the city's parks system.

Rechnitz has offered to underwrite the design and construction of the facility.

His spokeswoman said Rechnitz was a private person who keeps a low profile.

His late grandparents, Robert and Harriet Heilbrunn, have made large gifts to museums, universities and other institutions.

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