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August 2, 2006

Bait and switch? Another look at the 50/50 affordable housing promise

Atlantic Yards Report looks at how the Ratnerites have rewritten the history of the 50/50 affordable housing promise and why Bertha Lewis still stands by her man.

AYBrochure-AH.gifHas Forest City Ratner broken its pledge to ensure that half the units of housing at the Atlantic Yards site would be affordable? The record says yes--unless you accept the most lawyerly of explanations.

At right, an excerpt from a 2004 flier sent to thousands of Brooklynites, which stated that half of the units in the project would be affordable. (Lawyerly alternative explanation: Half of the 4500 mentioned units would be affordable. You never know if more would be added.)

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Posted by lumi at August 2, 2006 9:19 AM