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September 17, 2009

CBN, DDDB say Supplemental EIS needed; what will ESDC respond at meeting today?

Atlantic Yards Report

No one doubts that the board of the Empire State Development Corporation (ESDC), at its meeting this morning, will approve the 2009 Modified General Project Plan (MGPP) and set the stage for the issuance of tax-exempt bonds and--though delayed by a pending legal challenge--the use of eminent domain.

Before it does so, however, the ESDC will have to consider some forceful comments, notably from the Council of Brooklyn Neighborhoods (CBN) and Develop Don't Destroy Brooklyn (DDDB), raising big questions about the announced ten-year project timetable and the need for a Supplemental Environmental Impact Statement (SEIS).

Surely the ESDC, in a memorandum prepared by environmental consultant AKRF, will dismiss those questions--given that an SEIS would delay the project, and the developer wants the bonds issued before a crucial end-of-year deadline--but the explanations will be interesting.

CBN, in part of its submission, included a report from a real estate analyst questioning the economics of the timetable. DDDB, in its submission, noted that the revised deal between Forest City Ratner and the Metropolitan Transportation Authority (MTA) regarding the Vanderbilt Yard allows the developer until 2030 to pay for development rights--and cannot begin construction on each parcel until after payment.

In other words, the project simply can't be built in a decade.

Changes mean SEIS

The ESDC, actually, allows for the possibility of a delayed buildout, but says there's no reason for an SEIS. CBN and DDDB disagree.

They argue that the significant changes in the project require a Supplemental Environmental Impact Statement to evaluate project changes.

CBN, in comments authored by urban planner Tom Angotti, gave three reasons:
1. The MGPP is substantially different from the 2006 plan;
2. The new plan creates a new and different Worst Case Scenario – parking lots for decades; and
3. Background or No Build conditions have changed dramatically since 2006.

Also, argued attorney Jeff Baker on behalf of DDDB, given the evidence that suggests there are no commitments to build Phase II, the project could no longer be considered by the ESDC as a Land Use Improvement or a Civic Project.

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Posted by eric at September 17, 2009 11:03 AM