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40-story Building Going Up, Aid for the Displaced Going Down

Hot on the heels of CB1's land-use committee approving developer Dean Palin's (what is it with that name?) proposed 40-story tower on the Greenpoint waterfront, comes the news that the city's $2 million dollar fund to help displaced residents, fight tenant harassment and help families find affordable housing, has been cut. According the the Ny Daily News, the fund, which was created during the rezoning in order to ease the changes to the community, will be cut to $1.45 million—a reduction of more than 25%.

The story quotes elected officials protesting the cuts, but in this economic climate it may be a lost cause; CB1 will discuss the towers on Tuesday, December 2 at the board office,435 Graham Ave., between Frost and Richardson streets, 6:30 pm.

Photo by me.