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January 13, 2006
More Fun with Math, or Why 7 Acres Is Not Enough
The Real Estate Observer
According to Matthew Schuerman of The Real Estate Observer, Forest CIty Ratner is making a big deal about publicly accessible open space at Atlantic Yards, though it's a bad deal for Brooklyn:
The three community boards closest to the project site, at Atlantic and Flatbush avenues, have between 1.25 and 1.7 acres of open space per 1,000 residents, according to the city parks department. Assuming 15,000 new residents and 7 acres of publicly accessible open space, Atlantic Yards would provide only 0.47 acres per 1,000 people.
That would result in what environmental impact statements call a “negative impact.”
Posted by lumi at January 13, 2006 7:29 PM