A Lower Manhattan group demanding a proposed 1.3 million-square-foot tower on the empty publicly owned lot on the World Trade Center development site drew a crowd of supportive legislators on Tuesday.
The group, named the Coalition for a 100% Affordable 5WTC, held the rally ahead of a public comment period planned for Sept. 15 on the state’s plan to lease the 5WTC site to Brookfield Properties and Silverstein Properties, for the construction of a tower containing 1.345 million square feet of office, retail, housing and community space.
The event demonstrated wide-ranging political support, bringing together Democratic nominee for the 10th Congressional District Dan Goldman with Niou, his narrowly unsuccessful rival in last month’s primary for the seat. “If they wanna build a really expensive, tall building that’s fine. We just want it to be affordable. So, if the developers are willing to come to the table, that’s welcome. But to completely ignore the lack of affordable housing downtown is insulting particularly to the 9/11 community,” said Vittoria Fariello, a Democratic District leader and former state Senate candidate.
In order to challenge the narrative that the existing plan has maximized the amount of affordable housing that would yield a profit for the developers, the coalition commissioned a new study by Pratt Professor Jerrod Delaine that counters the agencies’ assumptions about the degree of subsidy needed to make the last World Trade Center site fully affordable as a residential building.
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