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July 20, 2010
New Domino plan passes key hurdle with no essential modification; is affordable housing subject to same loopholes as with Atlantic Yards?
Atlantic Yards Report
When it comes to big developments, you always have to look behind the curtain. And when it comes to the controversial New Domino development in Williamsburg--the second-largest in Brooklyn, after Atlantic Yards--the land use process, the affordable housing, and the urban planning all deserve another look.
Notably, the project has been justified because of the promised affordable housing, but, as with Atlantic Yards, the developer won't commit to building the housing in the announced timetable.
So the likely loopholes should be part of the public discussion.
And here's a number you haven't seen in print: $2.5 million, which is (nearly) the total the New Domino developer spent on lobbying in the last five years (details below).
...I posed several questions to the New Domino developers, including whether the 660 units had to be built in ten years, whether the timing or number of units is subject to subsidy availability, and whether the developer--as in some Community Benefit Agreements--was required to put money in an affordable housing fund up front.
"I apologize, but no one is available at CPC Resources to answer this inquiry," spokesman Richard Edmonds responded.
NoLandGrab: Hey, at least he apologized!
Posted by eric at July 20, 2010 9:59 AM