After 25 years of planning and delays, the Brooklyn Bridge Park is finally set for its grand opening at Pier 1 Monday morning.

Mayor Michael R. Bloomberg will be joined by Gov. David A. Paterson, Brooklyn Borough President Marty Markowitz and other elected officials are set to officially open the park at Fulton Ferry Landing with a ribbon cutting ceremony at 9:30 a.m.

Brooklyn Bridge Park features an esplanade with a view of the Manhattan skyline and an elevated wine bar.

Another part of the park is set to open at Pier 6 at Brooklyn Heights in April.

The Pier 1 opening was delayed twice due to disagreements between the city and state over who should be in control of the park. A deal last week says the city will control the park, and close $55 million of the park's $120 million funding gap.

In December 2004, project planners announced 1,200 condos would have to be built in order to raise enough money for park's $16.1 million maintenance cost.

So far, only one high-rise building with 440 condos has been built.