Monday, August 20, 2007

City Gets Go-Ahead To Seize Duffield Homes, Financial Services Firm

The Brooklyn Daily Eagle reports this in "City Gets Go-Ahead To Seize Duffield Homes, Financial Services Firm":
The Department of Housing Preservation and Development ruled today that the city should use its powers of eminent domain to seize 21 properties on three blocks in Downtown Brooklyn — including several homes allegedly involved in the Underground Railroad and Track Data Corporation, a financial services firm that employs 150 people.

As earlier reported in the Eagle, the city plans to raze the Duffield Street homes to build an underground parking garage and one-acre park. Track Data is in the BAM Cultural District, and at the time of the hearing last May, a Downtown Brooklyn Partnership spokesman confirmed that there is no development in any planning or approval stage to replace the firm.