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July 17, 2012

Tomorrow! HDC hearing on $92 mln in bonds for Brooklyn Atlantic Yards

Good Jobs New York Subsidy Alert

Sorry for so many updates to the July subsidy alert. But, in addition to the new information released by the Industrial Development Agency last week, we recently learned of a hearing related to Brooklyn Atlantic Yards.

The New York City Housing Development Corporation is holding a hearing tomorrow, July 18 at 1:00 pm at 110 William Street, 4th Floor conference room regarding a proposed $92 million bond offering for the Brooklyn Atlantic Yards project. Because the website of the New York City Housing Development Corporation has no details of the proposal, much less a mention of the hearing (now that's an "F" for transparency!) the only details available are on Norman Oder's "Atlantic Yards Report" website and below. Unfortunately, the lack of transparency means we don't have materials to share with you. GJNY will attend the hearing tomorrow and post on our website any materials that are made available.

link

Posted by eric at July 17, 2012 11:36 PM