for folks that are watching, atlantic yards is one of the most controversial in the last decade, it was fought tooth and nail over. a.c.o.r.n. challenged it and endorsed the development only after concessions were made on precisely this issue which is how much of the housing will be affordable for folks? you get big towers that go up and you get to have members of the city council come can out. with this program, this building is being built under, it s been around for eight years. we don t do any other income support programs like this. if we took food stamps and said instead we ll take steak houseses and set aside 15 of their meals and sell them to middle income people and then we say, you know, well, it s so
don t tell me that it won t. here is why. number one, people of color are the folks who apply for this. i m a developer. i ve built apartments. i know that you do not have to segregate people in this way, and you certainly don t have them around the back. also, because of this minuscule 20%, that s the reason why this building even goes. that s the reason why the finances even work. i live in brooklyn and people know i support the atlantic yard 50/50 program. that housing which got through hpd half of the apartments are affordable, half, and yet they re not segregated. the elevator goes up for the rich as well as the poor. there s no segregation of services. the way that extel has done this, that is total segregation by race and class. for folks that are watching, atlantic yards is one of the most controversial in the last
by race and class. for folks that are watching, atlantic yards is one of the most controversial in the last decade, it was fought tooth and nail over. a.c.o.r.n. challenged it and endorsed the development only after concessions were made on precisely this issue which is how much of the housing will be affordable for folks? you get big towers that go up and you get to have members of the city council come can out. with this program, this building is being built under, it s been around for eight years. we don t do any other income support programs like this. if we took food stamps and said instead we ll take steak houses and set aside 15 of their meals and sell them to middle income people and then we say, you
particular aspects of the law to take away our land. how? well, the organizations that i mentioned and many others around the country actually work hand in hand with federal agencies to identify lands that they would like to take away from private property owners and generally put them in the hands of government eventually. right. but, for instance, here in the new york city area, we have this famous thing called atlantic yards. it was going to be this great big development. e nets were going to be there. it was going to revitalize the whole area and that was a 5013c partnership for new york or something like that. but effectively, wasn t that a business group trying to take over people s land for business? well, what it is is they ve used these tax exempt organizations which are, you know, noble sounding and oftentimes have the backing of citizens to make the case that this land should be taken away from the private citizens and