Atlantic Yards, How You've Changed
This chart put together earlier this week by the Brooklyn Speaks coalition pretty much, well, speaks for itself. You can check out the entire presentation here. Atlantic Yards Then and Now [Brooklyn Speaks]
This chart put together earlier this week by the Brooklyn Speaks coalition pretty much, well, speaks for itself. You can check out the entire presentation here.
Atlantic Yards Then and Now [Brooklyn Speaks]
Heather,
We’ll have to get the powers that be to subsidize some “affordable” parking 🙂
What makes you think that any of the information that BrooklynSpeaks wrote is correct and not spin? It’s not like they are an impartial observer.
If I posted the spin from Ratner, would you now comment on how great the project is?
Well Judge Gerges certainly seemed to agree that, in rejecting the claims of DDDB, most of the changes to the project were due to years of litigation. It’s in the judicial record.
Furthermore, the only precedential case to draw upon (by either party), Lechter (which relates to the redevelopment of Times Square using eminent domain) clearly states that, where changes and delays to a project (administered by the State Development Authority) are the result of litigation challenging (and ultimately delaying) said project, there is no need for the State Development Authority to “start over” as a result of such changes and delays.
The bottom line is that DDDB’s strategy was NEVER to “win” any of the court cases (both case law and statutory law were CLEARLY always in favor of the State and the developer). Rather, their strategy from day one was to delay, delay, delay, in hopes that one or more of the following would occur: (i) economic conditions would sour, (ii) political will for the project would sour, and/or (iii) the developer would get frustrated by the delays and sour on the project.
Full marks to DDDB that (i) above, did in fact occur…but unfortunately for them (ii) and (iii) never did.
This is simple elementary school cause and effect. (a) Atlantic Yards Project Oppontents file multiple lawsuits on State and Federal levels aimed at stopping Atlantic Yards Project; which resulted in (b) EDSC and FCR spending 6 years defending against such lawsuits; which ultimately led to (c) 6 years of delays to Atlantic Yards Project while lawsuits were being adjudicated.
I think I’m going to go out and buy a car. Or maybe three. Why not? There will be space for them with the new Atlantic Yards.
Seven acres of parking! That will solve all the parking problems for Fort Greene, Clinton Hill, and Prospect Heights!!! And just think, they’re projecting it will only take a single decade to build all of that parking!
The blacktop “temporary” parking lot particularly sticks in my craw. Talk about blight. Talk about encouraging automobile traffic. The whole thing makes me ill.
Disgusting. I can’t understand how pro-AY people can look at these figures and still find nothing wrong with the whole operation. Negative $8mil over 30 years????? Talk about blight – 7 acres of parking? Yep, that must be that great legacy for Brooklyn some people were touting.
So Ratner gets a reduction of $230 million on the Yard (difference between what he laid and other firm bid) and we gave him $50 mill for 300 affordable housing units?
Leaving out the $8 million loss from economic development (which excludes all ancillary measures like pollution, congestion and my favorite, higher con-ed rates for all of us) we paid Ratner $1 million per unit for affordable housing.
Karl Marx would find what passes as capitalism these days absolutely hysterical.
i love the “Affordable Units” label. why dont they just label the other ones the Unaffordable Units? Why not just label them Residential Units and Luxury Welfare Suites? Why no real distinction between the two? The “Affordable Units” are basically just greased palms units anyway, and the other units are “Market rate”, right? yeah… that’s what i thought.
*rob*