New Lawsuit Filed Against ESDC Over AY Timeline
The Times reports that a lawsuit was filed in State Supreme Court on Wednesday alleging that the Empire State Development Corporation’s agreement with Forest City Ratner that gives the developer 12 years to complete Phase 1 of Atlantic Yards violates eminent domain laws. The suit was brought on behalf of 13 tenants in the Atlantic…
The Times reports that a lawsuit was filed in State Supreme Court on Wednesday alleging that the Empire State Development Corporation’s agreement with Forest City Ratner that gives the developer 12 years to complete Phase 1 of Atlantic Yards violates eminent domain laws. The suit was brought on behalf of 13 tenants in the Atlantic Yards footprint who stand to be evicted via eminent domain and it makes the case that the 12-year time frame violates state eminent domain laws requiring that seized property be offered back to its former owner if it’s not markedly improved within a decade. Phase 1 of Atlantic Yards is supposed to result in the construction of the Nets arena, office space, and some housing, while Phase 2 is slated to include most of its 6,000+ apartments, including the bulk of the 2,250 affordable units FCR has promised. When you spend hundreds of millions of dollars in public money on something you know the developer is never in a position to deliver, said the tenants’ lawyer, and government bodies take votes and appropriate hundreds of millions of dollars of taxpayer money, which is in short supply, based on the promise of affordable housing and jobs, and it’s not going to be built in the statutory 10 years, it’s really a fraud on the public. The ESDC declined to comment on the lawsuit. Atlantic Yards Report points out, however, that when the ESDC approved the mega-project, it was supposed to take 10 years to build.
Delays in $4 Billion Development Challenged in Tenants’ Lawsuit [NY Times]
ESDC’s Long Leash on Phase 1 Provokes Lawsuit From Tenants [AY Report]
“Now I hope someone will just do reasonable house-and redo the ugliest mall in America while they are at it.”
Comprehensive anti-AYer plan for redevelopment.
Umm, The What, seems to me Brooklyn’s been doing just fine for quite some time without a professional basketball team. I think life will go on just fine whether or not the Nets are here or not. Maybe they should relocate to Lodi – you need much more help than we do.
The What, you can have the Nets and Newark (and Lodi). Buh bye.
Yo Assfucks! This wili happen to many owners of “Brownstone Brooklyn” when the NETS announce they are moving to Newark NJ.
http://www.youtube.com/watch?v=oep4mRpmrkQ&feature=related
Boom! Ya’ll are fucked!
The What
Someday this war is gonna end..
NJ take the Nets! To end up with only the stadium would have been the worst. Now I hope someone will just do reasonable house-and redo the ugliest mall in America while they are at it.
“Atlantic Yards Report points out, however, that when the ESDC approved the mega-project, it was supposed to take 10 years to build.”
How do project delays due to lawsuits from opposition groups fit into the time frame? That’s at least part of the reason the development will take much longer than planned.
It was better to leave it as the shithole it was. Ratners development may not mett you vision, but ANYTHING is better than the dump that was/is there. Quit the whining no one else was going to do anything.
9:40 That’s 12 years for Phase 1. Most of the eminent domain is in Phase 2, which doesn’t even have a construction deadline. What does the law say about that?
Hey Fucktards this is a D-O-N-E-D-E-A-L.
NJ group explores bringing Nets to Newark
The owner of the Devils hockey team and Newark Mayor Cory Booker are seeking to assemble a group of investors to buy the Nets and move the basketball team to Newark, according to people familiar with the effort
They will pay Ratner the money to abandon Brooklyn!
Thru the grapevine. Ratner has plans in place to bring the NETS to NEWARK NJ! All this legal shit is giving him his Exit Strategy! I bet sometime at the end of this year he will say “we tried to bring a sports franchise to Brooklyn but, thing didn’t work out”.
http://www.prucenter.com/ <-- Future home of the NJ NETS! BTW This place is losing money also. The Tax revenues are flat. Hey Brownstone Brooklyn, your are fucked. LMMFAO! The What (Let's Go NETS) Someday this war is gonna end...