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February 21, 2007

Business: Atlantic Yards Project Starts

Special To The Black Star News

Here's a funny one, this "Special to The Black Star News" ["New York's Leading Investigative Newspaper"] is in reality a reprint of Forest City Ratner's press release touting the contracts with women- and minority-owned firms to clear buildings from the footprint, prep the railyard and build Atlantic Yards.

It is "special" because, as far as we can tell, they're the only "newspaper" to carry the press release verbatim, including email address for the "Atlantic Yards community liason."

CherylMcKissack-BSN.jpgPrep work and construction of a temporary rail yard on the east side of the Vanderbilt Rail Yard started this week, Forest City Ratner Companies (FCRC) announced.

The Atlantic Yards development in Brooklyn is a residential and commercial development, including over 2,200 units of affordable housing and the future home of the Nets basketball team, all designed by world-class architect Frank Gehry.

In keeping with the Community Benefits Agreement (CBA), a voluntary and legally binding agreement signed by eight local community groups and ratified by over 200 community groups and leaders, the first contracts of this initial work, worth more than $600,000, have been awarded to minority- and women-owned (M/WBE) firms.

Click here to read the rest of the Forest City Ratner press release brought to you by The Black Star News.

NoLandGrab: They might think of changing their motto from "Speaking Truth To Empower" to "Speaking BRUCE to Empower."

Posted by lumi at February 21, 2007 10:04 AM