Sunday, March 23, 2008
The Atlantic Yards sham
Develop Don't Destroy Brooklyn says, "We told you so."
The opening paragraphs of Charles Bagli's article in the Times show that the Atlantic Yards project is shaping up to be the sham we have always said it would be.
To be very clear: a project that promised so much to the public, that appears now to be an arena (which only makes money for Bruce Ratner) and one tower (maybe), with very little "affordable housing" at all, is a sham. - No Land Grab
“The article makes clear that Atlantic Yards cannot be built as planned, and was never financially feasible. The economic downturn has served to make that crystal clear,” said Develop Don’t Destroy Brooklyn (DDDB) spokesman Daniel Goldstein. “Our elected officials cannot allow our public resources, as well as eminent domain, to be used to construct an arena--which only benefits Bruce Ratner--surrounded by vacant lots. We call on the city and state to work with the community to develop the rail yards in a responsible manner, without destroying the existing neighborhoods in the process.” - DDDB press release
Photo from NY Times