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tel/fax:
718.362.4784
Please note our new postal address when sending
contributions to the legal fund:
121 5th Avenue, PMB #150
Brooklyn, New York 11217
About DDDB
Our coalition consists of 21 community organizations and
there are 51 community organizations formally
aligned in opposition to the Ratner plan.
DDDB is a volunteer-run organization. We have over 5,000
subscribers to our email newsletter, and 7,000 petition
signers. Over 800 volunteers have registered with DDDB
to form our various teams, task-forces and committees
and we have over 150 block captains. We have a 20 person
volunteer legal team of local lawyers supplementing our
retained attorneys.
We are funded entirely by individual donations from the community at large
and through various fundraising events we and supporters have organized.
We have the financial support of well over 3,500 individual
donors.
More about
DDDB...
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Subsidized? Yes. "Affordable?" Hardly.
Much of the false debate about Ratner's plan at the DEIS hearing and over the
past three years has been characterized this way:
Either you are supportive of "Atlantic Yards" or you oppose "affordable
housing."
The reality is that NOBODY opposes affordable housing.
What we do oppose are false claims of "affordable"
housing. Look at Ratner's own numbers in the Forest City Ratner graphic
below.
- If you or your family earn between $21,270 to $28,360/year 225 units would
be set aside for you.
- If you or your family earn between $28,361 to $35,450/year 675 units would
be set aside for you.
- The Brooklyn Area Median Income (AMI) is 35,000/year.
- That's 900 units (or 13%) out of a total 6,860 proposed units.
- If you or your family earn less than $21,270 there is no home for
you in the proposed project.
- 84% of the units will NOT be affordable to families making less
than $56,000/year.
- 40% of the "affordable" units would be for families earning
between $71,000/year and $113,000/year.
- The units called "affordable" amount
to 31% of the project, not the 50% ACORN continues to claim.
- There would be a total of 4,610 luxury units.
- ALL of the "affordable" units are rentals.
- Most of the "affordable" units would not come on line
until "Phase II" of the project, at least 10 years from
groundbreaking.
- NONE of the "affordable" housing is guaranteed. NONE.
And when/if the condo market crashes, Forest City Ratner–a
publicly traded real estate firm–will have to be legally responsible
to its shareholders, not to the Brooklyn community or New Yorkers desparate
for housing.
So what we are saying is that this is a bad deal for Brooklyn and a bad deal for
New Yorkers. It is a sweet deal for Forest City Enterprises which will earn a
profit of well over $1 billion, using New York's flawed housing
policy to build a predominately luxury housing enclave, in a project so extremely
dense that it won't be
livable for any "income band."
. 
Posted: 8.24.06
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