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February 3, 2006

Bruce Ratner Could Get Tax Credit For Going Green

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Park Slope Courier

Assemblymember Roger Green is proposing state legislation aimed at giving FCRC Companies’ Atlantic Yards plan a tax credit for the installation of Green Roof Technology.
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The proposed legislation would expand the green building tax credit program by making available an additional $25 million tax credit for the Atlantic Yards site.

article

So let's check this math...Green + Green = $$$Green $25 million tax credit for FCR. FCR will benefit from green building legislation while depriving others of the ability to install green roofs or solar panels on their own buildings due to the looming shadows?

The other exciting math is in the outdated graphic. The number of housing units is currently 7300 (not 4500) and office space is currently at 628,000 square feet (not 2.1 million).

Posted by amy at February 3, 2006 10:58 PM