From the Daily News:
HPD officials conducting the hearing didn't tip their hand, but the sale of 25 acres to Related for $35 million for the Gateway II project in East New York is all but a done deal. The project already passed the City Council, and Mayor Bloomberg supports Walmart’s right to open in the city.
But opponents made a last-ditch effort to convince the city to block the sale, poking technical holes in the city’s appraisal of the property and charging Related only got the project through the Council by falsely claiming they wouldn’t bring in a Walmart.
...city officials said the appraisal was done right and argued the sale is crucial so the money can pay for infrastructure for a major affordable housing project also planned at the site.
Related has refused to talk about any negotiations with Walmart, but lawyer Jesse Masyr said HPD should go ahead with the sale because of the 2,200 affordable apartments, 1,700 jobs, and 16 acres of parks the full project will provide.