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In the February 26, 2008 NY Observer
City Ratner spokesman Loren Reigelhaupt said:
“When it comes to sharing information with the public and
governmental bodies, there’s no such thing as too much, as far as we are concerned."
reports that Ratner is no longer planning on constructing condos in the first
phase of his project, but rather only rentals (that's of course if he ever gets
the money, land and legal right to build anything at all). The article reports
that there was a "private meeting" amongst state officials, local pols
and Ratner's people on Monday. What did the ever forthcoming Team Ratner have
to say about all of this?
...It was unclear what will happen to the $4.2 billion project's original
call for a total of 1,950 condominiums.
And lest one think that it is only in public that the developer is so transparent,
responsive and forthcoming "with the public and governmental bodies":
A Forest City Ratner spokesman declined to comment on the shift
to rental apartments or details of the meeting.
..."The project is caught up in a perfect financial storm and therefore an
opportunity has been created to emphasize the affordable housing component
of the project," said Assemblyman Hakeem Jeffries (D-Fort Greene), who told
Forest City Ratner executives to build the low income housing before going
forward with a proposed NBA basketball arena.
Jeffries said Forest City Ratner officials didn't respond to his