From the NY Sun:
Much of the flurry of criticism has been directed at the bill's primary architect, Assemblyman Vito Lopez, a Williamsburg Democrat who chairs the Assembly's housing committee. Mr. Lopez, a veteran of Albany politics, sought to increase affordability provisions beyond the bill passed by the City Council, including a large expansion of the area that requires affordable housing and a decrease in income requirements for low-income tenants. In order to convince the real estate industry and the Republican-controlled Senate to agree, Mr. Lopez said he needed to give up concessions, which included pushing back the date for the new legislation to take effect.
But in ceding ground to the real estate industry, Mr. Lopez said he created an exception for the $4 billion Atlantic Yards project in Brooklyn, a move that has infuriated a base of affordable housing advocates who would likely have come out supporting the bill.
Development Tax Break Bill Faces Calls for Veto
No Land Grab points out that: "There's one point that I think most people are missing in this 421-a Ratner-Clause fiasco, that the exception allows Ratner to charge more rent from low-income tenants than other developers who qualify for the plan. That may be the most outrageous aspect of the entire deal."
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