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August 15, 2008

Missing from the Blight Study: documentation, as planned, of rents and assessed value trends

Atlantic Yards Report

Norman Oder continues his probe into documents relating to AKRF and the Atlantic Yards Environmental Impact Statement and Blight Study, and whaddya know, some things just don't add up, including the mysterious absence of some key items outlined in the original scope of work.

As far as I can tell, the Blight Study did not analyze rents or assessed value trends, as planned, though the issue was mentioned in one sentence.

Here's some quality work that AKRF did include, however:

Section E of the Blight Study noted low residential density:
Together, the 29 businesses and institutions provided approximately 300 jobs. Residential development on the site is also sparse. There are only 171 housing units located on the 22-acre project site. This translates to an average of 13 housing units per acre, compared to approximately 52 units per acre in the ½-mile area surrounding the project site, and an average of approximately 24 housing units per acre in all of Brooklyn.

Well, given that nearly 40% of the site is a railyard, and other chunks of the footprint (e.g., P.C. Richard and Modell's at Site 5) are industrial or commercial and thus not zoned residential, a low residential density is not surprising. Again, the results of a potential rezoning are not suggested.*

article

NoLandGrab: Our personal favorite tidbit from today's AYR post is this one, from the Contract Scope for the Blight Study:

"The characteristics of blight can include... traffic congestion."

So, if traffic congestion is a blighting influence, and, according to the Atlantic Yards EIS, the project would create "significant adverse impacts" at 68 of 93 intersections studied in the EIS, does that make the Atlantic Yards project... blighted?

Posted by eric at August 15, 2008 9:06 AM