tag:blogger.com,1999:blog-20743459.post8769550605196713319..comments2024-03-28T05:19:17.215-04:00Comments on Atlantic Yards/Pacific Park Report: In the Navy Yard, the modular builder that preceded Ratner faces changeNorman Oderhttp://www.blogger.com/profile/07618087999719667586noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-20743459.post-13959080509192353312014-08-18T13:31:08.782-04:002014-08-18T13:31:08.782-04:00This New York Times article includes the first pri...This New York Times article includes the first printed allegation I know of that Forest City Ratner got preferential treatment at the Brooklyn Navy Yard for modular unit construction.<br /><br />If Lembo could possibly have outbid Ratner for space not offered to him, does that mean that Ratner pays rent that is about "one-third the going rate within the Navy Yard, where rents are already below market."?<br /><br />If it is actually true that Lembo should have been, but was not, offered the space first that would be most meaningful only if Lembo could have outbid Ratner. The only reason not to do whatever was appropriate and called for and offer Lembo the space first is if it would have deprived the Ratner project of the space. There is therefore some indication that Ratner pays rent that is about "one-third the going rate within the Navy Yard, where rents are already below market."? <br /><br />I would like to see what Lembo’s rent is and what the rent is for the Ratner project. This should be obtainable through FOIL. In fact, good governance would dictate that all the rents at the Navy Yard with their implicit subsidies should be posted and readily available to the public.Noticing New Yorkhttps://www.blogger.com/profile/15726747803887470424noreply@blogger.com