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October 16, 2009

Jeffries: MTA has breached fiduciary duty, but joining new lawsuit would compromise his advocacy

Atlantic Yards Report

Continuing down the well worn path, which for the past five years has tediously led nowhere, NY State Assemblyman Hakeem Jeffries tells Norman Oder that he chose not to join other elected officials in the lawsuit challenging the Metropolitan Transportation Authority's (MTA) re-sweetened sweetheart deal with Bruce Ratner because his "ability to forcefully and candidly advocate on behalf of the community, with the Governor and the MTA on the other side of the negotiating table, would be compromised if [he] were to be a named plaintiff in the litigation at this point in time."

Oder's analysis:

I can only speculate at the additional motives behind Jeffries' decision.
...
Perhaps Jeffries has calculated that Atlantic Yards is more likely than not, and that, should the project move forward, he wants to make sure that Forest City Ratner, and government agencies that could provide housing subsidies, deliver on the 200 affordable homeowner units the developer promised in December 2006 but which have never been incorporated into government documentation.

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Posted by lumi at October 16, 2009 6:20 AM