Ratner buyout silences critics

The Brooklyn Paper
Share on TwitterTweet
Share on Facebook

Get our stories in your inbox, free.

Like Brooklyn Paper on Facebook.

Real estate developer Bruce Ratner is closing in on a $32 million deal to buy out residents of a nine-story building standing at what would be center court of his new Nets arena project.

Residents of the Atlantic Art Building at 636 Pacific St. are being offered up to double what they paid for their posh apartments, but few are talking publicly about the deal.

That’s because they must agree to a gag order to get the money, sources said.

The waiver residents are being asked to sign prohibits them from speaking out against the arena or attending anti-arena rallies and public hearings.

Residents are also required to take down anti-arena signs from the building’s entranceway and doorway and are forbidden from donating money to any groups opposing the project.

Civil liberties attorney Norman Siegel, who is representing residents and businesses that would be displaced by the $2.5 billion retail, residential and commercial development, called the gag order “extremely offensive and troubling.”

While first amendment rules don’t apply to private business deals, “lawyers are thinking about whether there is anything that can be done [about the gag rule],” Siegel said.

Ratner recently purchased the New Jersey Nets for $300 million and is looking to bring them to Brooklyn. As part of the plan for the 21-acre site — that also includes 4,500 apartments — Ratner is asking the state to condemn over two square blocks of privately-owned land.

Barry Baum, a spokesman for Ratner, declined to comment on the gag order saying, “We are not discussing negotiations with individual residents.”

James Greilsheimer, an attorney representing the owners at 636 Pacific St., also declined to comment.

Prospect Heights Councilwoman Letitia James, an outspoken opponent of the project, said she found the gag order “very troubling.”

“This project is not a done deal, money can not buy love from the entire community,” said James, adding, “Unless he’s willing to have a dialogue with the larger community, he is going to continue to face roadblocks.”

Today’s news:
Share on TwitterTweet
Share on Facebook

Get our stories in your inbox, free.

Like Brooklyn Paper on Facebook.

Reasonable discourse

Enter your comment below

By submitting this comment, you agree to the following terms:

You agree that you, and not or its affiliates, are fully responsible for the content that you post. You agree not to post any abusive, obscene, vulgar, slanderous, hateful, threatening or sexually-oriented material or any material that may violate applicable law; doing so may lead to the removal of your post and to your being permanently banned from posting to the site. You grant to the royalty-free, irrevocable, perpetual and fully sublicensable license to use, reproduce, modify, adapt, publish, translate, create derivative works from, distribute, perform and display such content in whole or in part world-wide and to incorporate it in other works in any form, media or technology now known or later developed.

First name
Last name
Your neighborhood
Email address
Daytime phone

Your letter must be signed and include all of the information requested above. (Only your name and neighborhood are published with the letter.) Letters should be as brief as possible; while they may discuss any topic of interest to our readers, priority will be given to letters that relate to stories covered by The Brooklyn Paper.

Letters will be edited at the sole discretion of the editor, may be published in whole or part in any media, and upon publication become the property of The Brooklyn Paper. The earlier in the week you send your letter, the better.