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May 8, 2006
Yonkers groups want to share in prosperity
The Journal News
By Michael Gannon
With several billion dollars worth of development planned in the city [of Yonkers], minority business leaders who have long lived and worked in communities targeted for renewal are increasingly demanding that they be able to share in the lucrative construction and service contracts that come with it.
The article mentions Forest City Ratner's controversial Community Benefits Agreement for Atlantic Yards.
Though local developers tout their jobs programs and their own record of hiring women- and minority-owned contractors:
Critics say community benefit agreements are a part of the political process of winning support for projects that alter the economic landscape of a community and could ultimately drive some of its residents away.
Posted by lumi at May 8, 2006 7:00 AM