« Real-Estate Round-Up, November 21, 2007 | Main | Ratner's Arena Only 20 Feet from Streets »

November 22, 2007

Barclays $$ a ‘joke’: foes

The Brooklyn Paper
By Dana Rubinstein

When we saw the headline, we feared we were losing our sense of humor here at NoLand Grab, since we failed to recognize this week's announcement by Barclays and Forest City Ratner as a "joke." Then we realized that the joke is on Brooklyn, with Bruce Ratner laughing his way to Barclays Bank.

Given Barclays’ history, one opponent of the bank called the company’s $500,000-a-year contribution “a joke.”

“This is unacceptable,” said the Rev. Clinton Miller of the Brown Memorial Baptist Church in Fort Greene. “I’ll do everything in my power to hold Barclays accountable for its misdeeds to humanity.”

Councilwoman Letitia James (D–Fort Greene) was also disapproving.

“This gesture of goodwill on the part of Barclays … doesn’t go far enough,” said James. “Forest City Ratner should name this proposed arena after Jackie Robinson or some other sports hero, and should get a more reputable bank.”

Nonetheless, the non-profit’s inception was welcomed by some black leaders, including the Rev. Al Sharpton, Assemblyman Darryl Towns (D–Bushwick) and state Sen. Eric Adams (D–Crown Heights).

article

Posted by lumi at November 22, 2007 4:52 AM