The new board, "responsible for monitoring the delivery of public commitments" but without clear enforcement, was established as part of the compromise announced last June, which set a new 2025 deadline to build the promised affordable housing and, essentially, finish the residential portion of the the project.
|Details on the AY CDC|
Nor has the state released basic information about the new AY CDC, such as the names of the appointees (the governor has nine of 14 slots), and the agenda. (I asked Empire State Development these questions on January 16, and asked again after the notice emerged today.)
One concern, surely, is the tension between getting the project done and cutting corners. Neighbors have recently reported after-hours construction and too-constricted streets, as detailed on Atlantic Yards Watch.
Who's in charge?
Nor has the identity of the AY CDC director been announced.
The recruitment ad promised a salary of $70,000 to $75,000 annually--far lower than the salary for the in-house Project Director--while requiring "5+ years as a Project Manager for large real estate development projects working with government entities and private developers."
What: The Directors of the Atlantic Yards Community Development Corporation, a subsidiary of the New York State Urban Development Corporation d/b/a Empire State Development.
When: Friday, January 30, 2015, at 2:00 p.m.
Where: Empire State Development
633 Third Avenue – 37th Floor Conference Room
New York, New York 10017
This meeting is open to the public. Web casting of the meeting is available at http://www.esd.ny.gov/webcasts/
Due to 633 Third Avenue building procedures, those wishing to attend please RSVP by 5:00 p.m. on Thursday, January 29, 2015. Members of the press should please call (800) 260-7313; Members of the public should please call (212) 803-3795.