Saturday, February 14, 2009

A correction in the record regarding the 2008 State of the Borough Address

In his 2008 State of the Borough Address, Brooklyn Borough President Marty Markowitz stated incorrectly, "At Atlantic Yards, we celebrate the fact that a Community Benefits Agreement will guarantee that fully one half of those units will be priced below market rates."

I pointed out 2/8/08 that only half of the rental units would be affordable, even though developer Forest City Ratner initially claimed that half of all the housing would be affordable.

Last night, I took a look at the transcript of the speech. It now includes an asterix:
AT ATLANTIC YARDS, WE CELEBRATE THE FACT THAT A COMMUNITY BENEFITS AGREEMENT WILL GUARANTEE THAT FULLY ONE HALF OF THOSE [RENTAL*] UNITS WILL BE PRICED BELOW MARKET RATES.
...
*Revision made on February 8 following delivery of State of the Borough Address


Apparently someone in the BP's office reads this blog, and responsibly corrected the record.

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