From Atlantic Yards Report:Remember, the Atlantic Yards affordable housing was sold to the public and supported by ACORN as a way to help the poor. Forest City Ratner attorney Jeffrey Braun swore in a 1/25/08 affidavit (p. 5) in a case challenging the Atlantic Yards environmental review:
“Furthermore, pursuant to an innovative Community Benefits Agreement, the FCRC affiliates that sponsor the project are contractually bound to provide a wide array of far-reaching benefits to the historically most disadvantaged segments of Brooklyn’s communities…”(Emphasis added)
Not only is that claim contradicted by the fact that a majority of the subsidized units would be unaffordable to ACORN's constituency, it's quite likely that the first building would be even less affordable to that constituency.
In five of the six scenarios contemplated for the first housing tower, the monthly rent for most of the affordable apartments would range from $2287 to $3790, depending on household size. Those are the kind of unaffordable rents that ACORN members have cited in arguing for the project.
9 comments:
We need tent cities for the lower middle class. No tents for the poor. Or we can ship in poor immigrants to do the jobs that Americans don't want to do but ship them out after the end of their shift.
Don't worry the rich and the politicians have everything under control.
If that doesn't look like a mediocre Wellington Chen/TDC "inspired" architectural piece of shit!
Move it to Muni Lot #1 cousin Brucie "the rat" Ratner.
Maybe Macedonia AME (sellout) Church can use a portion of that design for their "affordable housing" component!
ACORN knew this all along
they are just as corrupt as the Rat
personally, i don't beleive in subsidized housing - at least the way NYC implements it - casues more harm than good.
but in that case the whole project should have been done w/o any gov't help for Ratner either.
free markets
was not ratner, obamas car czar in detroit for a day, at Government Motors.
the investors got 10% of their money's worth of ownership, a big scam.
while the uaw got 70%.
a big seller "the volt' was produced by obama. cost $51,000. (with$ 7500. gov.rebate) and 40 mile limit on electric battery.if battery fails the cost is $10,000. (made in Korea)
now obama wants investment from the private sector.would you gamble your money on his auto expertise?
ah... crappy ... is that not the world trade center site?
ah... crappy ... is that not the world trade center site?
One can only hope that there will NOT be TWO of these!!!
a big seller "the volt' was produced by obama. cost $51,000. (with$ 7500. gov.rebate) and 40 mile limit on electric battery.if battery fails the cost is $10,000. (made in Korea)
now obama wants investment from the private sector.would you gamble your money on his auto expertise?
Sunday, August 15, 2010
General Motors has paid back the money to the government. Did AIG pay back the money Bush used to bail them out twice before Obama? NO I don't think so since they went belly up then changed their name to regroup.
It's really taking a while to rebuild at ground zero. Thanks Silverstein and everyone else "involved".
RE:commenter #8,
you seem to be misinforming the Q.C. readers?
i personally know that A.I.G. still functions at the original site in the financial district. they have retained their corporate name. they recently elected a new Chairman of the Board. it was reported in most of the local periodical's business sections.
can you show proof that General Motors(Government Motors) has repaid all of the taxpayer's money ?
i believe the GM investors took a huge loss in their ownership compared to the United Auto Workers union. i recall investors only retained a 10% of their outlay of money,while the union was given 65 plus %, by the obama appointed car czars. he is on his third czar now......read the truth and don't forget to tell us!!!
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