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February 3, 2007
City doubles down on Ratner’s Atlantic Yards Project, many cry foul
Courier-Life
Stephen Witt
Call it mystery money.Couched in Mayor Bloomberg’s capital budget, released last week, is $205 million earmarked for the Atlantic Yards project.
The line item more than doubles the $100 million that the city has already given toward the Forest City Ratner Companies (FCRC) project for infrastructure costs.
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“The public costs keep rising, and yet we have a paltry amount of housing that is affordable to the average Brooklynite, and no agreement with the construction trades union to work with local residents who need jobs,” said City Council member Letitia James.
Posted by amy at February 3, 2007 9:04 AM