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August 10, 2010

Bertha Lewis May Be Rethinking The Smacker She Gave Bruce Ratner Now

Brownstoner

Based on this post from Atlantic Yards Report, it doesn't sound like the non-profit's constituents are going to be able to afford any of the apartments at Atlantic Yards.

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Curbed, Back in the U-S-S-Yards

After analyzing a whole bunch of reports, charts, stats and—oops, sorry, we fell asleep for a moment there—Atlantic Yards watchdog Norman Oder writes that the first wave of Yards affordable housing might not be so affordable: "In five of the six scenarios contemplated for the first housing tower, the monthly rent for most of the affordable apartments would range from $2287 to $3790, depending on household size." Well someone's got to pay for the billboard!

Posted by eric at August 10, 2010 9:12 PM