Wythe Hotel
In December 2010, the Board of the New York City Capital Resources Corporation approved $15 million in Recovery Zone Facility Bond financing for a luxury boutique hotel in Williamsburg, Brooklyn. Good Jobs New York opposed the project on two main points, first that it was located in an industrial zone, intended promote industrial use; second, that in the project application, the developer made no effort to quantify the ways in which the neighborhood would benefit from the development, by local hiring practices or in a commitment to local product sourcing.
For more information on the original proposal and GJNY's comments, view the project materials; or ready Good Jobs New York's testimony at the November 2010 hearing.
Other testimony:
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