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March 21, 2008

A statement from ACORN: "every confidence" in Forest City Ratner

Atlantic Yards Report

OK, at least somebody's still bullish on Atlantic Yards:

Bertha Lewis, Executive Director of NY ACORN, issued a statement regarding the Atlantic Yards stall:
"Forest City Ratner made a commitment to ACORN and to the people of Brooklyn to deliver on a historic plan for affordable housing. While the credit crunch and the downturn in the economy may lead to some delay, we continue to have every confidence they will live up to their commitment. This commitment was the basis for our support and the support of elected officials at the local, state and federal level.”

article

NoLandGrab: Given the existence of the "historic" Community Benefits Agreement, we're left to wonder if ACORN is contractually obligated to maintain confidence in Ratner. If not, then one could read this as "we took a lot of heat for supporting this project — don't make us have to take to the streets against you, Bruce."

Posted by eric at March 21, 2008 3:33 PM