Renters vs. Nets
Some of the renters who will be displaced when Bruce Ratner builds the Nets stadium in Brooklyn are angry that their time spent living in the neighborhood doesn't entitle them to much, so says a story in the Brooklyn Papers (in pdf). They're mad that some of the property owners are actually getting "rates far above market value" from the developer while the tenants have merely been promised Ratner will "relocate displaced renters" in "comparable housing."

Among those quoted in the story is Joel Towers, who has lived in a former sewing factory on Dean Street for 12 years. He estimates, that as a renter, "he has put more than $100,000 into renovating the apartment he now shares with his wife and 19-month old son."
- posted by Amy @ 5/31/2004 07:27:00 AM