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May 30, 2008
Pol sour on Domino Sugar plant proposal
The Brooklyn Paper
by Ben Muessig
Another example of how there's one set of rules for Bruce Ratner, and another set of rules for everyone else.
A local lawmaker has opened a new front against the proposed Domino Sugar mega-project, demanding that the developers behind the glassy waterfront high-rises open their books so that he can independently assess the project’s finances.
Assemblyman Joe Lentol (D–Williamsburg) told The Brooklyn Paper that he can not support the $1.2-billion, 2,200-unit project until the developer justifies the need for two 30-story and two 40-story towers.
“If we’re going to have a project of that magnitude, I really want to see the facts and the figures that require them to build that high and that dense,” Lentol said.
...But Lentol — who supported the much-larger Atlantic Yards project in low-rise Prospect Heights, despite its less-generous affordable housing component — won’t back Domino until he can eye the dollars.
“If they want us to continue to give them the benefit of the doubt, they need to make the financials transparent,” said Amy Cleary, a spokeswoman for Lentol. “They keep saying, ‘We’re making very little money,’ but they’re not showing us that.”
NoLandGrab: Yeah, make those financials transparent. Just the way Bruce Ratner has, Joe.
Posted by eric at May 30, 2008 1:40 PM