Bait and switch? No, a win for housing
A hound-dog journalist just reported that developer Eli Pariente pulled a fast one. After getting new zoning from the City Council for two major Brooklyn projects, Pariente and a local Council member’s emissaries quietly renegotiated their affordability, Norman Oder wrote in City Limits. Instead of a promised 35 percent of units set aside for lower-income tenants, the new buildings at 870-888 and 1034-1042 Atlantic Avenue have the standard 25 percent affordability. Pariente donated another lot, at 1001 Pacific Street, where 46 affordable units will be built, hitting the 35 percent target if you consider all three lots together. If your […]
This article originally appeared on The Real Deal. Click here to read the full story.
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