Hotel Handout, Few Affordable Phase 1 Units at AY
Sarah Ryley over at the Brooklyn Eagle’s been digging through the recently-released Atlantic Yards documents and finding some interesting things. In an article online yesterday, she wrote that the Forest City Ratner would be selling the rights to build a hotel within Miss Brooklyn for $28.8 million. “Basically, it’s eminent domain being used to give…
Sarah Ryley over at the Brooklyn Eagle‘s been digging through the recently-released Atlantic Yards documents and finding some interesting things. In an article online yesterday, she wrote that the Forest City Ratner would be selling the rights to build a hotel within Miss Brooklyn for $28.8 million. “Basically, it’s eminent domain being used to give the land to Ratner for free,” commented Dan Goldstein. “Then he gets to sell it, which again is pure profit to him as opposed to the state and the city. In a separate article, Ryley also notes that less than 10 percent of the first-phase apartments—143 out of 1,580—will be low-income units. Another 216 apartments will be for middle-income earners. “The so-called moderate-income properties are way beyond the incomes of the vast majority of residents in my district, so to call those units affordable is laughable,” said City Council Member Letitia James.
Ratner May Net $30 Million On Sale of Arena Hotel [Brooklyn Eagle]
Few Affordable Apartments for First AY Tower [Brooklyn Eagle]
i sense a lot of white guilt on this thread…you all pretend that you’re outraged by 12:40, Reality Bites, etc
But they’re just saying what we ALL really really think
It is unfortunate that so many people think there’s economic sense in spending a lot of money to build housing for people who can’t afford it.
After building the unaffordable housing, the occupants who cannot afford it are then given other discounted services which they cannot afford.
The people people who earn enough to pay taxes, pay their won bills, and the bills of the people who live in the unafforadable housing.
It would be far better if everyone in NYC were able to cover his/her own expenses without impinging on others to pay their bills.
However, though some will disagree, we are a generous society. Generous to a fault.
Thus, we can afford to subsidize some lives.
But the source of all revenue is the taxpayer. Hence, the city can do far more for some of its less fortunate citizens by attracting as many taxpayers as possible.
However, those who live by economic myths, think we need to build unaffordable housing to attract an increasing number of people who pay no taxes.
A line a mile long will always form around a give-away in this city. The real work is attracting people who can go anywhere, live anywhere, work anywhere — and pay taxes anywhere.
Those people with choice will gladly tell you why they live or NYC. And those who have chosen to leave NYC will tell you why they packed up and left.
For those who leave, the reason very often reflects the difficulties of living in a city that too often welcomes the people who cause problems while shunning the ones who pay the bills.
However, the recent building boom is a step in the right direction. Excellent new buildings are springing up everywhere. Market-rate rehabs are occurring all over.
Incredibly valuable water-front property will begin to look like valuable water-front property when currently planned projects are complete.
All of these projects are aimed at people who can pay taxes and contribute to the betterment of tne City. They will not provide refuge for the people whose lives deplete city resources.
Who makes
Ahh now the true basis of the AY opposition comes out – fear that an Arena and Affordable Housing will bring more Blacks – Too bad DDDB and his ilk won’t own up to the truth.
SP 11:45AM I can’t believe for one minute that the anger, racism, and ignorance spewed out of Anonymous 12:40PM’s post represents the thoughts or feelings of most folks posting at this site… such stereotyping of an entire group of folks of modest means is despicable.
I doubt such an individual can live comfortably with anyone different from himself… can you just imagine what his perfect community would be like?
I don’t think that folks this rigid will
be very comfortable living in Brooklyn for long… sounds like the rantings of the “white flight” crowd from years back.
anonymous 12:40:
Yes. All true.
One might look at black nations for further confirmation of the default to social pathologies.
The paradise of Haiti. The eden of every nation in Africa.
It appears some long-evident activities appear in every black community.
We need more AYs and less NYCHA housing projects in New York City!!! They simple trap the urban poor in a vicious cycle of crime, poverty and hopelessness. When will NYC get the courage, like Chicago, to do away with massive public housing projects such as the ones that are scattered throughout brownstone Brooklyn and the rest of the borough?
Dan Goldstein said:
“Basically, it’s eminent domain being used to give the land to Ratner for free,” commented Dan Goldstein. “Then he gets to sell it, which again is pure profit to him as opposed to the state and the city.”
Every comment Goldstein utters shows his complete ignorance of real estate, finance and urban development.
Reality Bites —
Excellent Assessment.
Sper writes:
“I’m struck that a blog about real estate brings out so much hate in people. I’m especially astonished at the degree of hate expressed toward people of modest means. “poor people are poor for a reason; they lack values, a strong work ethic and the ability to help themselves. They are like roaches”? What’s wrong with you?”
Well let me translate. People want to live in a diverse community. People love black culture. People love living among black middle and upper class families, e.g., Montclair and New Rochelle.
However, NOBODY WANTS TO LIVE AMONG THE BLACK UNDERCLASS, NOT EVEN THE BLACK MIDDLE CLASS! Why? The black underclass is the absolute worse! They’re ignorant, lazy, stupid, loud, rude, offensive, unmotivated, self-annihilating, criminal and extremely violent! They are ruining Black America and Black culture! Everyone knows this including black people! Why the shock?
How many of us moved to so called racially and economically diverse communities, only to find our homes and cars broken into, our valuables stolen, our properties vanderlized, or have witness multiple shootings of black people by other black people? The “Huxtables” don’t act this way, only the urban black poor – the most despised of all people in America.
Don’t ask RB anything about hatred. Ask the black community why there is some much hatred among themselves. That’s the real question. If they didn’t hate themselves so much and weren’t so self-destructive perhaps their communities could be more functional and normal, with double parent households, higher educational attainment levels, and parents with the necessary skills to obtain decent work and a decent wage to support their families. No not these people. No way. They are not interested in the basics that they need to survive – they only want excess and are concerned with the superficial. They are enamoured with the drug and thug life and everything anti-social. They are far more interested in hanging out on street corners, wearing $500 sneakers, driving fancy cars with $10,000 rims, and shooting each other left and right then finishing school and getting a job before starting a family.
Yeah, I can hear it now. I’m a racist. Well if that’s the case everyone is, even black people; nobody hates a black person more than another black person.
David, let’s call this rant/diatribe a “theoretical” exercise. Food for thought.