Monday, December 10, 2012

Labor & Electeds Launch Campaign Against City Point

One of the largest projects in Brooklyn with the least oversight is City Point, the publicly-subsidized skyscraper at the former Albee Mall. Here is the most recent news from City & State:

A controversial development project in downtown Brooklyn is facing opposition from labor unions, community advocates and elected officials who say the developers are hiring non-union contractors that pay workers unfair wages and benefits. A portion of the City Point project, a large-scale retail, office, and residential complex on Flatbush Avenue Extension, is being financed with public money, including $20 million in Recovery Zone Facility Bonds from the 2009 stimulus package. As a result, union organizers and others say that the realtor, Acadia Realty Trust, should be held accountable for paying their workers a fair salary. “With respect to the City Point project, there is tremendous opportunity to ensure that working families and middle-class workers can benefit from an initiative that would not have been made possible without generous city subsidies," said U.S. Rep.-elect Hakeem Jeffries. “Public-private partnerships like City Point must deliver a clear benefit to the public if they’re going to make sense. That’s why this is an important campaign and I’m hopeful that Acadia will conclude that the right thing to do is to ensure that everyone benefits from this project.” Calls placed to Acadia for comment went unreturned.

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