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June 20, 2009
Letter to MTA Requesting A Postponement On Vanderbilt Yards Decision
June 17, 2009
Ms. Helena Williams
Acting Executive Director & Chief Executive Officer
347 Madison Avenue
New York, NY 10017-3739
RE: Atlantic Yards
Dear Ms. Williams:
It is our understanding that the MTA plans to vote on a Forest City Ratner proposal with respect to the Vanderbilt Yards and the Atlantic yards project on June 24. We respectfully suggest that a hasty decision to modify the obligations of the developer could be detrimental to the needs of the mass transit system and that any decision should only be made after the public and elected officials have had a fair opportunity to present their views. We therefore request that you postpone any decision on this matter and disclose the proposed details of any modifications to the current agreement with Forest City Ratner to the signers of this letter and the general public.
State Senator William Perkins recently wrote you with similar concerns and detailed various questions that necessitate a response. These include why the changed circumstances of the project should not compel a re-bid of the development rights, and whether or not the MTA needs to do an appraisal to assure receipt of fair market value of its assets.
We look forward to a most expeditious response. Thank you.
| Assemblymember James F. Brennan | Assemblymember Hakeem Jeffries |
| Senator Velmanette Montgomery | Assemblymember Joan J. Millman |
| Councilmember Letitia James | Councilmember Vincent Gentile |
Posted by steve at June 20, 2009 7:22 AM