Amateur Hour: politicians, special interests, locals try a hand at $ 3.5 billion mega project

Amateur Hour: politicians, special interests, locals try a hand at $ 3.5 billion mega project

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Development is risky and complicated. It is about many decisions and bad can be catastrophic.

Everything is multiplied for mega projects. They are extremely challenging, even for the smartest and most experienced developers.

The worst way to carry out a mega project would be to transfer the decision-making authority to more than two dozen people, each represent different electoral districts with a variety of and sometimes conflicting goals and little or no real estate experience.

To make it even more difficult, you would let this lead 28-person group And require a majority of two -thirds majority to approve a master plan.

You would take three government levels, a community council, local residents, lawyers for environmental rights, planning organizations, trade unions, industrial groups and tenants of social housing.

You would install a socialist as Vice President. For a good measure you would tackle six advisory groups, each with its own agenda.

As a last complication, you would transfer the property to a local development company of city, state and federal officials, plus local residents, who must approve any RFP and contract- and have enforcement body.

Welcome, friends, at the Brooklyn Marine Terminal.

The $ 3.5 billion project, 122 hectares would build 6000 houses (40 percent of them affordable), modernize aging, loss of money and completely again presented a huge piece of long neglected waterfront.

If you wonder why votes about the project have been repeatedly canceled due to lack of consensus, see above.

Yet the process has its defenders.

“I think it’s a good model,” said Senator Andrew Gouden, “but it can be a bit messy.”

Gournardes, the non-socialist vice-chairman of the 28-person Task Force, undoubtedly feels like he is hating cats while trying to agree at least 19 of them.

“There are voices that don’t want to happen here,” he said in an interview. “They say they want to protect the port, but they don’t want construction, investments, trucks, noise, everything. They use the harbor coverage to prevent something happening here.”

Others want something to happen, but don’t agree with what.

“There are voices in the community that want to keep the entire site industrial,” said Gounardes. “There are voices on the same block that the port hate and open space on the waterfront. There are people who say:” place housing there “. There is not one uniform vision of what this site could be or should be.”

Like he said, it can be a bit messy.

“There is not one uniform vision of what this site could or should be.”
Sen. Andrew Goldens

The massive enterprise, announced in May 2024, goes through a state process that is called a general project plan. But the administration of Hochul postpones the city, making the Economic Development Corporation, led by Andrew Kimball, the main agency.

In all honesty for EDC it tries to avoid the results of other models for mega projects by public country. Atlantic Yards, now Pacific Park, is half built, in shielding and on his third developer-22 years after it was announced.

But at least something was built there. The same cannot be said Sunnyside YardWhere the government has compiled the Blasio a steering committee like the one at Brooklyn Marine Terminal. It was dysfunctional from the start, in which members demanded a financially impossible amount of affordable housing.

Even pushed their own heroRep. Alexandria Ocasio-Cortez, from the committee when she tried to reason with them. Eleven years of planning has come to nothing.

The Task Force Brooklyn Marine Terminal, on the other hand, has many members who want to reach yes, said Gouden. It seems that they are close to a compromise on a master plan that is a third gate, a third home and a third open space. Gushing venovations will cost approximately $ 1.7 billion.

There is still many postures. Councilor Shahana Hanif, for example, demands that the project ‘real relocation protection for rental-regulated tenants and small companies’ includes, although it does not remove any home or store, and rent-regulated tenants are already the most protected tenants in the country.

Hanif, socialist vice-chairman Alexa Avilés and other progressives have the number of market center homes to the absolute minimum needed to deliver $ 1.3 billion for the port, which also receives $ 360 million from a federal subsidy-if the Trump administration cancels while the Taskforce Bickers.

If this was not a public country, politics was not a problem and no constituencies had to be pacified, a developer could build more than 10,000 market cost homes with spectacular views of the port of New York, the Statue of Liberty and the Lower Manhattan Skyline.

That would generate sufficient profit to subsidize thousands of affordable units, sufficient green space and esplanades, a ferry stop and shuttle buses to the nearest metro stations.

But in the real world that is just as far -fetched as the fantasies of Sunnyside Yard.

The Brooklyn Marine Terminal project is done under this incredibly complicated model – or it is not done at all.

Read more

The Daily Dirt: Red Hook Terminal voice kept at a distance

Stadskicks can vote on Brooklyn Marine Terminal

City Kicks Can on Brooklyn Marine Terminal voice

New York City acquires Brooklyn Port, Eyes Development

City Nobs Control from Red Hook Waterfront, Planning Redevelopment


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