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September 29, 2006

How Low-Income Can You Go?

Brooklyn Record scoops the other Brooklyn bloggers by getting their hands on the latest Forest City Ratner direct mail piece. This time the subject is the Atlantic Yards Affordable Housing solution.

link

The flyer features Lacoste polo shirt-clad brownstone stoop-sitting Brooklynites.

Lauding the benefits of the Atlantic Yards Affordable Housing solution, the flyer touts "over 6,800 new units of badly needed mixed-income housing."

Here's what the flyer left out: * 4610 of those units are badly needed "delux-ury" housing units. * Only about 900 units will be available to those earning Brooklyn's median income, or less. * Of the units in the "affordable" housing plan, 40% would rent for more than $2000/mo.

For details, check out this Atlantic Yards Report article from July, 2006.

Posted by lumi at September 29, 2006 8:21 AM