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Dig in: Construction begins on second Atlantic Yards tower

Digging for gold: Mayor DeBlasio, center, kicks up some dirt with executives from Forest City Ratner and its Chinese government-owned partner Greenland.
The Brooklyn Paper
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Going up.

Mayor DeBlasio and executives from the Chinese-government-owned developer Greenland and its minority partner Forest City Ratner broke ground on the second residential building in the complex formerly known as Atlantic Yards on Monday. The building at 535 Carlton Ave. is set to contain 298 apartments priced at below-market rates, per an agreement the state brokered with activists to end their lawsuits earlier this year.

The developers are touting the apartments as affordable, but half of the units will be reserved for households making as much as $138,435 a year. Seventy-five will be set aside for households making $24,493 to $50,340, and 15 for households making $17,619 to $33,560.

The first residential portion of the 16-tower complex, B2, is slated to include around 180 below-market apartments but remains stalled after a contract dispute with a construction company.

Updated 7:36 pm, December 17, 2014
Reach reporter Matthew Perlman at (718) 260–8310. E-mail him at mperlman@cnglocal.com. Follow him on Twitter @matthewjperlman.
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Reasonable discourse

Mom from Clinton Hill says:
Let's hope the below market apartments are better constructed than the leaky arena.
Dec. 17, 2014, 11:12 pm
Norman Oder from Brooklyn says:
More thorough coverage of the groundbreaking, including video, here:

Year of the Sheep: at groundbreaking for new tower, de Blasio and supporters hail "100% affordable housing," avoid pesky details about cost

http://atlanticyardsreport.blogspot.com/2014/12/year-of-sheep-at-groundbreaking-for-new.html
Dec. 18, 2014, 6:58 am
Charles from Bk says:
Notwithstanding the smiles, these people are being forced to build the affordable housing component, as any more delay will cost them their government funding. What a load of insincerity.
Dec. 18, 2014, 9:12 am
Tal Barzilai from Pleasantville, NY says:
Don't be surprised if the construction for this one will get stalled as well especially in the next few months.
Dec. 18, 2014, 4:20 pm

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