Saturday, April 7, 2007

Second Attempt to Buy Starrett City Rejected

The state's housing chief rejected Clipper Equities' second attempt to buy Starrett City in Brooklyn, according to NY1. Housing Commissioner Deborah Van Amerongen said the developer's proposal does not protect the residents.

The original $1.3 billion plan to purchase Starrett City came under fire from advocates concerned over losing affordable housing in the neighborhood. Story here.

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