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]
A really nice hotel in that location would be great for the surrounding communities and businesses. Think of all the amenities that come with a first-class hotel.
I wish I lived nearer the site, what a boost for central Brooklyn this will be if it is actually built. Let’s hope evrything doesn’t go Kablooey and we get sent reeling back to 1989 -or worse, 1979!
Those were not the good old days!
No, David, I don’t want to tear down the Williamsburgh Bank Building, but I would support a law preventing the construction of anything taller (like in Paris with the Eiffel Tower — they had to put up the monstrosity of the Tour Monparnasse before they realized one was needed — hope we won’t allow Ratnerviille before realizing what we’re in danger of losing).
Babs, jobs going only to longstanding union members is a problem caused by the unions themselves. In all unions it is the younger members and those that can’t get in that lose out. Unions are about good jobs for a few that don’t want to compete at the expense of everyone else.
12:07 – nice fabrication…
but what should I expect from someone who trades child porn online
oh, so now the Barclays 400million is a subsidy?
looks beautiful to me. for gods sake, do something with that damn chasm. it’s unfortunate what, how, and who it takes to get something like this done in a city like NY- but I prefer this to nothing- and they’re all crooks one way or another. I would bet that no matter who developed it, people get f**k’d, ripped off, lied to, or lose something.
David, put a sock in it! Moral outrage coming from the man who stereotyped black women as fat, loud, parental misguided with a bunch of fatherless children running through Target?!?! Are you serious?
Babs your right we should really get rid of these “out-of-scale skyscrapers” – I assume you will be supporting my “Destroy the Willie” campaign to get them to tear down that monstrosity called the Williamsburg Savings Bank Building.
BTW, has anyone heard anything from BUILD lately? I was speaking to an aquaintance of mine recently (someone who was always pro-AY – I don’t know him very well, and we’d never discussed the subject before), and he mentioned to me that, even though he was on TV and in the newspapers speaking favorably about the project at the public hearings, he’d recently grown doubtful of it — primarily because a former BUILD leader had told him that he didn’t think there were going to be any jobs to be had — no-one involved in the current demolition is a new hire — they’re all longstanding union workers, mostly from outside of NYC.