State Legislators Call Foul Over Failure of Barclay Arena Developer to Score on Community Givebacks
New York State legislators Senator Eric Adams, Assemblyman Hakeem Jeffries, and Assemblyman Karim Camara held a press conference to call for changes in the governance of the Atlantic Yards project, the development that includes the Barclay Arena, future home of the New York Nets.
Many of the community benefits promised by the developers – including job creation, a public safety plan and the inclusion of affordable housing – have failed to materialize. The group called on Kenneth Adams, President of the Empire State Development Corporation, to implement oversight changes in the Atlantic Yards development project.
At the press conference, the elected officials announced their plans to introduce legislation that establishes a subsidiary corporation for Atlantic Yards oversight and development. This new body will ensure transparency and accountability to protect public resources invested in the project.