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March 30, 2007

Ratner’s new ‘Ward’

The Brooklyn Paper

WardBakery-BP.jpg

Bruce Ratner is about to tear down the most historic building in the footprint of Atlantic Yards, but he’s doing it green!

The building — whose destruction “would constitute a significant adverse [historic] impact” according to even Ratner’s boosters at the Empire State Development Corporation — will not be saved, but it will live on in a very different form: Three-quarters of the rubble will be recycled.

“We are seeking out every possible way to make Atlantic Yards as eco-friendly and environmentally responsible as possible,” Ratner said in the statement.

But Ratner’s green thumb is not just a matter of enviromental stewardship, but also his bottom line: In New York State, builders who meet certain criteria for energy and waste efficiency can claim up to $7.50 per square foot against their state tax bill, saving them hundreds of thousands of dollars.

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Posted by lumi at March 30, 2007 6:49 AM