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February 12, 2008

From Forest City Ratner, CBA grade inflation

Atlantic Yards Report

Developer Forest City Ratner, never shy to tout the Atlantic Yards Community Benefits Agreement (CBA), has been getting more bold, even as city officials back away from the concept.

Quotes from Ratner execs in legal docs and a CBA critic illustrate that the developer thinks increasingly highly of its Atlantic Yards CBA, though it is widely recognized as one of the best examples of what NOT to do if you want your CBA to be taken seriously (like, you're not supposed to be paying off financially supporting signatories).

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Posted by lumi at February 12, 2008 5:22 AM