From the Daily News:
Property owners challenging the condemnation of their homes and businesses for the Atlantic Yards project charged the state is adding insult to injury by lowballing offers for their property.
Chief opponent Daniel Goldstein got a letter offering $510,000 if his three-bedroom Pacific St. condo is taken by eminent domain. He paid $590,000 for it in 2003.
"They're supposed to pay just compensation and there's nothing just about it," he said.
The September letter from the Empire State Development Corp. says the offer "represents the fair market value" of the property.
But some local real estate experts disagreed. "That's way low. That's ridiculous," said Slope Heights Realty broker Tony Atterbury, who added a 1,290-square foot, two-bathroom apartment like Goldstein's could fetch somewhere between $720,000 and $900,000.