Atlantic Yards: Uh, Is It Too Late to Stop the Check?

Brooklyn community groups affiliated with Brooklyn Speaks were scheduled to hold a press conference today to call on the City to “Stop Payment” of the $100 million in the City’s Fiscal Year 2008 budget for Forest City Ratner, earmarked for the acquisition of private land for development of Atlantic Yards.

According to a press release from the Fifth Avenue Committee, the groups are asking for "a comprehensive and inclusive governance structure in place to oversee the project as it moves forward." The release mentions Councilmembers David Yassky and Leticia James as sponsors.

According to the New York Post, more than half of Bruce Ratner's $4 billion Atlantic Yards project in Brooklyn will be funded by government subsidies.

Photo by MK Metz