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About DDDB
Our coalition consists of 21 community organizations and there are 51 community organizations formally aligned in opposition to the Ratner plan.

DDDB is a volunteer-run organization. We have over 5,000 subscribers to our email newsletter, and 7,000 petition signers. Over 800 volunteers have registered with DDDB to form our various teams, task-forces and committees and we have over 150 block captains. We have a 20 person volunteer legal team of local lawyers supplementing our retained attorneys.

We are funded entirely by individual donations from the community at large and through various fundraising events we and supporters have organized.

We have the financial support of well over 3,500 individual donors.

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"Why should people get to see plans? This isn't a public project."
Bruce Ratner in Crain's Nov. 8, 2009

"U.S. Taxpayer Bailout for U.K. Bank Center"

Ward Harkavy's excellent new blog—just in time for our times—The Smart Asset (a Village Voice Media production) steps out in front of the story that Barclays is benefitting from the American taxpayer bailout of AIG. So Barclays has been TARPed and is soon to be bailed out by the British government (as we pointed to over the weekend).

Harkavy writes:
Barclays got a share of U.S. bailout money to AIG last fall at the same time the Brit bank re-affirmed its deal to pay Nets $400 million for its name on Brooklyn arena.

New name for Nets arena? How about "U.S. Taxpayer Bailout for U.K. Bank Center"?
By Harkavy. The Smart Asset

Working both sides of the Atlantic, British behemoth Barclays got sneakily paid off by U.S.-taxpayer-financed bailout funds late last year given to whiny insuror AIG, and now Barclays is negotiating, of course, to get U.K. government help in getting rid of toxic assets.

It turns out that while the U.K. conglomerate was getting a share of the bailout money, it recommitted last November its deal to pay $400 million to the New Jersey/Brooklyn Nets for naming rights to the Barclays Center in Brooklyn. "Barclays still loyal to Nets' cause," the Bergen Record trumpeted on November 13:

"Barclays is unwavering in its commitment to the Barclays Center and we are very pleased with our long-term alliance with our great partners, the Nets and Forest City Ratner Companies," Barclays chief administrative officer Gerard LaRocca said in a press release. "We are excited about being part of the continued renaissance of Brooklyn, and we eagerly look forward to opening night at Barclays Center."

(Sidelight: Bank of America, which also got part of the AIG bailout money, last month called off its similar naming-rights deal with the Yankees.)

Whether Bruce Ratner will continue with construction of the Barclays Center may be in question, but at least the foreign bank was able to get U.S. bailout money more or less under the table.

Over the weekend, the Wall Street Journal confirmed suspicions by revealing that two dozen U.S. and foreign banks got shares of AIG's bailout money.

Meanwhile AIG, like other U.S. bailout recipients, has balked at committing how — or whether — it will reimburse taxpayers for the estimated $173 billion of bailout money it's received so far.

It's probably just an unpleasant coincidence, by the way, that the arena was designed by Frank Gehry, many of whose buildings look as though they're on the verge of collapse.

Back in the U.K., Barclays faces a grilling over its plea for help from the government there. In "Barclays faces scrutiny by City as it explores state cover for toxic loans," the Times (U.K.) reports:

Barclays caused surprise last month when, despite announcing pre-tax profits of £6.1 billion for 2008, it disclosed that it had also expanded its balance sheet by £900 billion, taking assets and liabilities to more than £2,000 billion.

In related NBA news, fans might be interested in the Barclays Center FAQ, especially this passage:

Q: Will the ticket prices remain the same in Brooklyn?

A: While prices have yet to be determined, they will remain comparable and competitive within the marketplace.

Translation: You'll pay more.

But that's the relatively good news. The bad news is that even those of you who can't afford tickets have already paid bailout money to ailing Barclays, thanks to your bailout of ailing AIG.

Posted: 3.09.09
DDDB.net en español.
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Eminent Domain Case
Goldstein et al v. ESDC
[All case files]

November 24, 2009
Court of Appeals

[See ownership map]

EIS Lawsuit

DDDB et al v ESDC et al
Click for a summary of the lawsuit seeking to annul the review and approval the Atlantic Yards project.

Appeal briefs are here.

Appellate Divsion
Rules for ESDC
What would Atlantic Yards Look like?...
Photo Simulations
Before and After views from around the project footprint revealing the massive scale of the proposed luxury apartment and sports complex.

Click for
Screening Schedule
Isabel Hill's
"Atlantic Yards" documentary
Brooklyn Matters

Read a review
Atlantic Yards
would be
Click image to see why:

-No Land Grab.org

-Atlantic Yards Report
-Atlantic Yards Deathwatch
-The Footprint Gazette
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-Noticing New York
-NY Times "The Local" FG/CH
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-Council of B'klyn N'hoods
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-Atlantic Lots
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-Only The Blog Knows BK
-Sustainable Flatbush
-A Child Grows in Bklyn
-Williamsburg Warriors

-The Real Estate
-Rail Yards Blog (H. Yards)
-OnNYTurf-Atlantic Yards
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