Pols Say They Want an Atlantic Yards ‘Trust’


    The Real Estate and Atlantic Yards Report have pieces about a rally held yesterday at City Hall calling for the formation of an Atlantic Yards trust that would, theoretically, allow for more community input/involvement in Forest City Ratner’s development. The trust would be comprised of 15 members, eight appointed by the governor, two each by the Assembly speaker, Senate president, and mayor, and one by the Brooklyn borough president. A non-voting member would represent the community. Councilmembers Tish James and David Yassky, and Assemblymembers Hakim Jeffries and James Brennan are all supporting the trust’s creation. “Atlantic Yards is a public project built on public land using public money overseen by a public entity for a public purpose,” said Jeffries at the rally. “It therefore deserves maximum public participation during the life of this project.” And Yassky said that AY bypassed typical land-use review mechanisms. The fundamental mistake that was made here, really the original of this project, is that it was approved in a way that went around all the usual process for approving a big project,” he said. “We never had a chance to fix all the problems… I believe there is, somewhere buried underneath all the… special treatment, very deep in there, there is a good project, but the process never had a chance to find it. AY Report notes that “while such an organization—common with other large projects and thus a glaring weakness of the AY plan—certainly might channel public input, it would be unlikely to fundamentally change power dynamics.”
    Brooklyn Politicos Call for Trust to Oversee Atlantic Yards [The Real Estate]
    Push for AY Development Trust Begins [AY Report]
    Photo by threecee.

    What's Happening