NYC’s Subsidies for City Point Don’t Add Up
Acadia Realty Trust is building City Point in downtown Brooklyn on city-owned land with more than $20 million in public subsidies. At the same time Acadia refuses to ensure that construction workers have decent wages and benefits on this project.
Acadia Realty Trust + our tax dollars + substandard wages and benefits = financial disaster for our communities.
You do the math.
Acadia, don’t take our tax dollars and turn your back on New York City.