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October 6, 2006

Brennan asks ESDC for AY financial plans

Atlantic Yards Report

So it's not just journalists who've begun asking the Empire State Development Corporation (ESDC) to reveal more financial details about the Atlantic Yards project.

Yesterday, Assemblyman Jim Brennan, who represents Park Slope and adjacent neighborhoods and has previously called for significant reductions in the scale of the project, said his office submitted a Freedom of Information Law request for "the complete financial and business plans" for the project.

"The decision-time is here," Brennan said at a meeting of the Park Slope Civic Council. "Within the next month to six weeks the ESDC will be approving it, with our without modifications." Getting information about finances on the table is important, he said, "so issues related to density, affordability, and subsidy can be discussed."

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Posted by lumi at October 6, 2006 7:45 AM