AY CDC overview: criticism of damages for missing affordable housing, optimism about new permitted developer, big Qs re scale, subsidies, affordability

I have a long article coming (not today) on yesterday's meeting of the Atlantic Yards Community Development Corporation (AY CDC). 

Below, an overview. 

Why is this time different for #AtlanticYards #PacificParkBK?
No new plan (scope/timing) yet, but new "permitted developers" Cirrus & LCOR cite agreement with labor (union pension funds supply capital), "mission-driven equity," focus on multiple income levels (not condos)... 2/ pic.twitter.com/O2EQGwiJoD

— Norman Oder (@AYReport) October 9, 2025

For now, while NYS officials are pleased there's a new "permitted developer" & joint venture team sounds sincere, big questions remain about scale, subsidies, affordability, & even redesign of a project conceived, as was stated at meeting, "before the iPhone."#AtlanticYards 4/

— Norman Oder (@AYReport) October 9, 2025

Up next are a series of community meetings, supposed to shape plan. Will community input shape a project like this or just validate what state officials and the development team consider feasible?#AtlanticYards 5/5
(I'll write a more substantial report on today's meeting) pic.twitter.com/1lhs40pxog

— Norman Oder (@AYReport) October 9, 2025

Also see coverage from Gothamist.