Pols Demand Faster Building of Affordable Housing at Atlantic Yards
A group of 10 Brooklyn politicians are asking Atlantic Yards’ new backer, Greenland Group, to speed up delivery of 2,500 affordable apartments in exchange for their approval of Greenland taking a 70 percent interest in the project. The project was delayed by a lack of funding and lawsuits, according to The New York Daily News. “Despite…
A group of 10 Brooklyn politicians are asking Atlantic Yards’ new backer, Greenland Group, to speed up delivery of 2,500 affordable apartments in exchange for their approval of Greenland taking a 70 percent interest in the project. The project was delayed by a lack of funding and lawsuits, according to The New York Daily News.
“Despite the overwhelming need, it’s unfortunate that there really is no oversight and no one is holding Forest City Ratner accountable,” the News quoted Public Advocate-elect and City Council Member Letitia James as saying. The group of 10, including City Council Members Brad Lander, James and Stephen Levin, U.S. Representative Hakeem Jeffries, and State Senator Velmanette Montgomery, are holding a press conference today at 1 pm on Degraw Street, according to an announcement the group sent out.
Work started on the first residential tower, B2, this year. The modular tower, which is six months behind schedule, will be 32 stories high with 181 affordable, low-, moderate- and middle-income units. It is next to Barclays Center at the intersection of Flatbush and Dean Street. Above, men at work on the B2 tower in October.
Officials Call on Atlantic Yards Developers to Hurry up Affordable Housing [NY Daily News]
Photo by Atlantic Yards Report
I like what Gib Veconi of BrooklynSpeaks comments:
Forest City likes to say that BrooklynSpeaks sued to delay the project, but the opposite is true.
BrooklynSpeaks sued Forest City and ESDC because the two agreed in 2009 to delay Atlantic Yards’ completion from 10 to 25 years. In 2011, a New York State Supreme Court ruled ESDC approved the schedule change illegally, and ordered ESDC to revisit the project plan, including studying alternatives to get Atlantic Yards completed faster. More than two years later, ESDC and FCRC have yet to comply with the court order.
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