Skip to main content

Proposed Bronx CBA offers interesting contrasts to Brooklyn CBA

A proposed Community Benefits Agreement (CBA) regarding a new Yankees stadium offers some interesting contrasts to the CBA negotiated for Forest City Ratner's Atlantic Yards project in Brooklyn, notably a local trust fund offering $700,000 a year, and a closer focus on benefits to the borough. Still, local residents critical of the plan have hardly embraced it. (And see more criticism here from Richard Lipsky of the Neighborhood Retail Alliance, who just happens to support the Atlantic Yards project.)

A New York Times article published today, headlined $28 Million for the Bronx in the Yankees' Stadium Plan, reports:
As part of the Yankees' proposal to build a new stadium, the team will contribute $28 million to a trust fund and distribute 15,000 free tickets each season to Bronx groups, according to the draft plan of a community benefits program.
The proposal also calls for the team to pay $100,000 a year to maintain parks around the stadium and distribute $100,000 a year in "equipment and promotional merchandise" to schools and youth groups in New York City. There was no requirement, however, that the $28 million, which would be distributed over a 40-year period, be spent in the South Bronx, the site of the stadium and its replacement.
Stadium opponents observed yesterday that the proposal for a 53,000-seat stadium calls for the trust fund to be administered by "an individual of prominence" appointed by an advisory group that would be selected by elected Bronx officials — who are nearly unanimous in their support of the stadium despite intense neighborhood opposition.
"It would be like the fox guarding the henhouse," said City Councilwoman Helen Diane Foster, one of the few Bronx officials opposing the new stadium.
The proposals, which include a pledge that a quarter of stadium construction jobs would go to Bronx residents, are part of the draft benefits program negotiated between the Yankees and Bronx officials.
The agreement is expected to be completed in a few days and will be part of the stadium package presented to the City Council before it votes on the stadium on April 5.

...It also calls for the Yankees to reserve at least 25 percent of the construction contracts for Bronx-based companies, at least half of which would be run by women or members of minorities. At least 25 percent of the construction and post-construction jobs would also go to Bronx residents. An administrator hired by the Yankees will monitor the team to ensure it is compliant, according to the draft agreement.

Contrasts with Brooklyn

The Atlantic Yards CBA, signed with eight groups, includes job training, a school for construction trades, and a goal to assign 35% of construction jobs to minorities and 10% to women. It also has a goal to assign 15% of retail space to community-based businesses, and specified percentages of preconstruction, construction, and professional services work to minority/women-owned enterprises.

The groups include ACORN, the New York State Association of Minority Contractors, and six smaller, Brooklyn-based groups. The CBA also incorporates the affordable housing agreement signed with ACORN. It also promises a community health center, a senior center, open space, and arena access, among other things.

Despite an emphasis on minority and community-based businesses and hiring, it does not require that jobs go to Brooklyn residents or that contracts go to Brooklyn companies. (The latter, at least might be more logistically difficult.) It does require reporting in which community board workers reside. It does not offer a trust fund. (It's not immediately clear that the signatories to the Bronx agreement represent broader-based groups than those in Brooklyn, but they elected officials are apparently involved.)

Press coverage

And when the Brooklyn CBA was under discussion in June, the New York Times did not emphasize the community opposition as prominently. When the CBA was signed 6/27/05, it got a brief in the Times, which gave one sentence to project critics: Some residents have expressed opposition to the project, saying it would raise rents. Somewhat more extensive coverage elsewhere included a Daily News article that included criticism from an expert on CBAs: But Bettina Damiani of Good Jobs New York, a watchdog group that monitors how government subsidies are spent, said the eight groups that signed off on the deal don't fully represent the community.

A followup Times article in October concerning Forest City Ratner's community outreach also missed some important angles. The Times did cover the housing agreement, signed in May, more prominently.

Comments

Popular posts from this blog

Barclays Center/Levy Restaurants hit with suit charging discrimination on disability, race; supervisors said to use vicious slurs, pursue retaliation

The Daily News has an article today, Barclays Center hit with $5M suit claiming discrimination against disabled, while the New York Post headlined its article Barclays Center sued over taunting disabled employees.

While that's part of the lawsuit, more prominent are claims of racial discrimination and retaliation, with black employees claiming repeated abuse by white supervisors, preferential treatment toward Hispanic colleagues, and retaliation in response to complaints.

Two individual supervisors, for example, are charged with  referring to black employees as “black motherfucker,” “dumb black bitch,” “black monkey,” “piece of shit” and “nigger.”

Two have referred to an employee blind in one eye as “cyclops,” and “the one-eyed guy,” and an employee with a nose disorder as “the nose guy.”

There's been no official response yet though arena spokesman Barry Baum told the Daily News they, but take “allegations of this kind very seriously” and have "a zero tolerance policy for…

Behind the "empty railyards": 40 years of ATURA, Baruch's plan, and the city's diffidence

To supporters of Forest City Ratner's Atlantic Yards project, it's a long-awaited plan for long-overlooked land. "The Atlantic Yards area has been available for any developer in America for over 100 years,” declared Borough President Marty Markowitz at a 5/26/05 City Council hearing.

Charles Gargano, chairman of the Empire State Development Corporation, mused on 11/15/05 to WNYC's Brian Lehrer, “Isn’t it interesting that these railyards have sat for decades and decades and decades, and no one has done a thing about them.” Forest City Ratner spokesman Joe DePlasco, in a 12/19/04 New York Times article ("In a War of Words, One Has the Power to Wound") described the railyards as "an empty scar dividing the community."

But why exactly has the Metropolitan Transportation Authority’s Vanderbilt Yard never been developed? Do public officials have some responsibility?

At a hearing yesterday of the Brooklyn Borough Board Atlantic Yards Committee, Kate Suisma…

Barclays Center event June 11 to protest plans to expand Israeli draft; questions about logistics

At right is a photo of a poster spotted in Hasidic Williamsburg right. Clearly there's an event scheduled at the Barclays Center aimed at the Haredi Jewish community (strict Orthodox Jews who reject secular culture), but the lack of English text makes it cryptic.

The website Matzav.com explains, Protest Against Israeli Draft of Bnei Yeshiva Rescheduled for Barclays Center:
A large asifa to protest the drafting of bnei yeshiva in Eretz Yisroel into the Israeli army that had been set to take place this month will instead be held on Sunday, 17 Sivan/June 11, at the Barclays Center in Downtown Brooklyn, NY. So attendees at a big gathering will protest an apparent change of policy that will make it much more difficult for traditional Orthodox Jewish students--both Hasidic (who follow a rebbe) and non-Hasidic (who don't)--to get deferments from the draft. Comments on the Yeshiva World website explain some of the debate.

The logistical questions

What's unclear is how large the ev…

Atlanta's Atlantic Yards moves ahead

First mentioned in April, the Atlantic Yards project in Atlanta is moving ahead--and has the potential to nudge Atlantic Yards in Brooklyn further down in Google searches.

According to a 5/30/17 press release, Hines and Invesco Real Estate Announce T3 West Midtown and Atlantic Yards:
Hines, the international real estate firm, and Invesco Real Estate, a global real estate investment manager, today announced a joint venture on behalf of one of Invesco Real Estate’s institutional clients to develop two progressive office projects in Atlanta totalling 700,000 square feet. T3 West Midtown will be a 200,000-square-foot heavy timber office development and Atlantic Yards will consist of 500,000 square feet of progressive office space in two buildings. Both projects are located on sites within Atlantic Station in the flourishing Midtown submarket.
Hines will work with Hartshorne Plunkard Architecture (HPA) as the design architect for both T3 West Midtown and Atlantic Yards. DLR Group will be t…

Forest City acknowledges unspecified delays in Pacific Park, cites $300 million "impairment" in project value; what about affordable housing pledge?

Updated Monday Nov. 7 am: Note follow-up coverage of stock price drop and investor conference call and pending questions.

Pacific Park Brooklyn is seriously delayed, Forest City Realty Trust said yesterday in a news release, which further acknowledged that the project has caused a $300 million impairment, or write-down of the asset, as the expected revenues no longer exceed the carrying cost.

The Cleveland-based developer, parent of Brooklyn-based Forest City Ratner, which is a 30% investor in Pacific Park along with 70% partner/overseer Greenland USA, blamed the "significant impairment" on an oversupply of market-rate apartments, the uncertain fate of the 421-a tax break, and a continued increase in construction costs.

While the delay essentially confirms the obvious, given that two major buildings have not launched despite plans to do so, it raises significant questions about the future of the project, including:
if market-rate construction is delayed, will the affordable h…

Revising official figures, new report reveals Nets averaged just 11,622 home fans last season, Islanders drew 11,200 (and have option to leave in 2018)

The Brooklyn Nets drew an average of only 11,622 fans per home game in their most recent (and lousy) season, more than 23% below the announced official attendance figure, and little more than 65% of the Barclays Center's capacity.

The New York Islanders also drew some 19.4% below announced attendance, or 11,200 fans per home game.

The surprising numbers were disclosed in a consultant's report attached to the Preliminary Official Statement for the refinancing of some $462 million in tax-exempt bonds for the Barclays Center (plus another $20 million in taxable bonds). The refinancing should lower costs to Mikhail Prokhorov, owner of the arena operating company, by and average of $3.4 million a year through 2044 in paying off arena construction.

According to official figures, the Brooklyn Nets attendance averaged 17,187 in the debut season, 2012-13, 17,251 in 2013-14, 17,037 in 2014-15, and 15,125 in the most recent season, 2015-16. For hoops, the arena holds 17,732.

But official…

So, Forest City has some property subject to the future Gowanus rezoning

Writing yesterday, MAP: Who Owns All the Property Along the Gowanus Canal, DNAinfo's Leslie Albrecht lays out the positioning of various real estate players along the Gowanus Canal, a Superfund site:
As the city considers whether to rezone Gowanus and, perhaps, morph the gritty low-rise industrial area into a hot new neighborhood of residential towers (albeit at a fraction of the height of Manhattan's supertall buildings), DNAinfo reviewed property records along the canal to find out who stands to benefit most from the changes.
Investors have poured at least $440 million into buying land on the polluted waterway and more than a third of the properties have changed hands in the past decade, according to an examination of records for the nearly 130 properties along the 1.8-mile canal. While the single largest landowner is developer Property Markets Group, other landowners include Kushner Companies, Alloy Development, Two Trees, and Forest City New York.

Forest City's plans unc…