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September 11, 2012
Atlantic Yards: The Treachery of Promises
Develop Don't Destroy Brooklyn
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A raft of Governors from Pataki to Cuomo, and Mayor Bloomberg approved taxpayer subsidies, eminent domain and below market public land sales for Forest City Ratner's Atlantic Yards project. In return the developer was supposed to deliver (with our tax dollars) 2,250 units of "affordable" housing over ten years. Two and one half years after the groundbreaking of the Barclays Center Arena not a single housing unit has broken ground.
While not indictable, unfortunately, this is criminal.
Governor Cuomo and Mayor Bloomberg, this is not acceptable and something has got to change at the Atlantic Yards site. Jobs, Housing....whoops, just isn't working.
Posted by eric at September 11, 2012 10:38 PM