The city included the wrong document in an agreement with a developer on a massive, $386 million waterfront development in Brooklyn, according to court records. And now he has a legal loophole he can drive a truck through.
Developer David Bistricer, who is building 770 apartments in three towers on Commercial Street in Greenpoint, has allegedly refused to let the clerical error be corrected, forcing the city to file a Manhattan Supreme Court lawsuit to fix it.
The project, part of a building boom in Greenpoint, was announced nearly a decade ago but only recently broke ground.
The city claims it negotiated the inclusion of 200 permanent affordable housing units in exchange for $2 million in taxpayer cash and $8 million worth of air rights from a city-owned plot adjacent to Bistricer’s Waterview at Greenpoint LLC site. The developer is slated to build Box Street Park on the plot, which is currently used by the MTA.
The deal was supposed to give the city housing with “deeper affordability,” and allowed Waterview to more than double the square footage. That increased affordability is “valued at more than $6 million,” the city said in its legal filing.
As the city and Waterview hashed out final details of the agreement in May, a staffer with the Department of Housing and Preservation Development included an incorrect list of affordable rents and qualifying incomes to be offered to tenants.
For example, the city intended for at least 10 of the affordable units to rent for as little as $732 to $1,067 depending on size. But the lowest rent listed in the faulty document is $1,529, court records show.
Eligible incomes also drastically changed. The city wanted incomes ranging from $40,000 and up for a family of three to qualify. The lowest eligible earnings for a family of three listed on the erroneous paperwork is about $81,000.
If the mistake goes uncorrected, “134 of the 200 affordable housing units would be offered at different (and significantly higher) rents with different (and significantly higher) income restrictions,” the city claims.
Possibly the biggest joke about this scandal is that the greedhead got away with only offering 10 apartments for lower income earners (and not specifically low income earners)
10 comments:
Here we go again... and history repeats itself.
So blatant and in your face, and the NYC sheep don't even blink.
If you understand Demorats are successfully burning NYC to the ground, every thing you are witnessing makes sense.
You cranky commies always complaining.
Shut your pie hole. nothing to see here
Move it along.
We donate to the politicians, judges campaigns
and the HPD never ending Christmas Party.
To make a donation to an HPD agent ask them
"What do you want for Christmas?" That's how you know your price of doing business
with the City of New York .
"You came from Greenpoint, Go back to Greenpoint". Ten points if you
know who said it and where.
Time Magazine: "How To Herd American Sheep - A Memoir"
Moe said...
Now imagine if people in NYC thought critically when they heard this !
Oh come on ! Cathy Nolan didn’t get that much from this one! What are you crying about now?!
Moe said...
Now imagine if people in NYC thought critically when they heard this !
Would it be too much to imagine city officials being dragged out of their offices and given the Mussolini treatment by outraged citizens? Let them swing from every lamp post and be treated like pinatas so that future officials learn to work and behave better rather than prey upon the city and its taxpayers like the parasites they long have been.
#CancelDisneyPlus
Cathy Nolan has to pay her rude and unprofessional staff, the weird lady in her office who hates the working class, tenants and everyone since well, cos she knows we're all on to her. So what if she made a few dollars thanks to HPD . It's not like anyone gives a crap.
Post a Comment