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July 10, 2006
Independent Oversight of Atlantic Yds. Project
Courier-Life publications covers the $260K provided by local politicians for the Council of Brooklyn Neighborhoods' review of the Ratner Environmental Impact Statement:
A coalition of community groups will receive $260,000 in government subsidies to hire independent engineers to look at the Forest City Ratner Companies’ (FCRC) plan for the Atlantic Yards.
Half of the money will come from an allocation through City Councilmember Letitia James’ office and the other half will come from state allocations through Assemblymembers Jim Brennan and Joan Millman’s offices, according to James.
“We are very happy and grateful that the City Council and the State Legislature have stepped up,” said Council Of Brooklyn Neighborhoods (CBN) spokesperson Jim Vogel. “If the community is not involved, you don’t have an environmental review.” article
NoLandGrab: Math-reality check - let's just move that decimal a couple places to the left. The Courier-Life writes "the money committed... toward the project represents a little more than 10 percent of the $200 million the city and state gave to FCRC for infrastructure costs." NoLandGrab's calculator places that percentage at 0.13%, to be exact.
Posted by lumi at July 10, 2006 10:10 AM