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May 18, 2009
Why Atlantic Yards affordable housing will be long-delayed, and why ACORN can't complain
Atlantic Yards Report
Despite the rhetoric, there are couple of important things to know about the promises regarding Atlantic Yards affordable housing.
First, should the project proceed, the housing will not be built on a schedule close to that originally promised.
Second, ACORN, signatory to the affordable housing Memorandum of Understanding (MOU) and the Community Benefits, owes Forest City Ratner $1 million and is in no position to complain about delays.
Today Norman Oder examines:
- Brooklyn Borough President Marty Markowitz's statement, claiming that the court ruling issued last Friday "affirms the numerous public benefits" of the project, including affordable housing,
- Bruce Ratner's public statement, claiming that one(!) residential building will be built during the first phase of construction,
- ACORN's impotence to protest or renegotiate on behalf of "the community," and
- the NY Times's deflection of criticism of ACORN.
In bonus coverage, at "considerable agency time and expense" the Empire State Development Corporation FOIL's Norman Oder again.
Posted by lumi at May 18, 2009 6:48 AM