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August 1, 2007

Affordable housing the focus at the New Domino hearing

Atlantic Yards Report compares the concern about affordable housing between the recently announced New Domino plan and Bruce Ratner's controversial Atlantic Yards plan.

In the post-Atlantic Yards world, will every megaproject be justified because it provides affordable housing? That’s one conclusion after yesterday’s hearing at the Department of City Planning (DCP) regarding the New Domino development proposed for the former Domino sugar factory site in Williamsburg, five blocks along the waterfront north of the Williamsburg Bridge, plus one square block across Kent Avenue.

For starters, the affordable housing for New Domino "is aimed at a lower-income cohort than the AY plan."

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NoLandGrab: In the film "Brooklyn Matters," Julia Vitullo-Martin from the Manhattan Institute observed:

"The truth is today, if you’re a developer with a bad project, a large bad project that shouldn’t be built... the smart thing to do is say, ‘Y’know what, I’m going to provide you with some really good affordable housing.’ So affordable housing is the Trojan Horse these days on big bad projects that shouldn’t get done. And neighborhood activists and many of our elected officials become very reluctant to oppose a project, any project, that has a large affordable housing component."

Without casting judgment on the New Domino project, and based on Vitullo-Martin's observation, the answer to the question, "In the post-Atlantic Yards world, will every megaproject be justified because it provides affordable housing?" is yes, at least in the foreseeable future.

Posted by lumi at August 1, 2007 8:37 AM