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Read Property Presents Rheingold Plan to Skeptical Audience at City Council

Representatives of Read Property made their pitch for the 10-building Rheingold project during a City Council hearing at City Hall Tuesday morning

Around fifty community members braved the Tuesday morning weather to attend the hearing in the Council chamber at City Hall. Photo by Tobias Salinger for Bushwick Daily.

Representatives of Read Property made their pitch for the 10-building Rheingold project during a City Council hearing at City Hall Tuesday morning. But several testifying community members, as well as Councilwoman Diana Reyna, demonstrated why this proposal for a 1-million-square-foot development still has high hurdles to clear before the full Council votes on it by mid-December.

The mid-rise structures would feature 242 affordable apartments out of 977 total new units, space for new ground floor retail stores to be filled by local businesses and a new public park. Concerned neighbors and Reyna, however, dispute whether there are enough affordable units and whether the project’s current definition of “affordable” fits into the income levels of longtime Bushwick residents.

The proposed rezoning would flip the former manufacturing site into primarily residential uses. (screenshot: Department of City Planning)

“That’s part of the balancing act we’re trying to achieve here,” said Reyna at the hearing. “The issue of displacement is real.”

The three lobbyists hired by developer Robert Wolf expressed willingness to increase the number of affordable units above their current levels of 24 percent of the new units available to people with incomes lower than 60 percent of the city’s area median wealth, but only if additional government subsidies pay for them.

The proposal includes a public park with amenities. (screenshot: Department of City Planning)

Wolf has reached agreement with two nonprofits—one will market the low-rent units and the other will train community members for construction jobs building the site. He’s also pledged a $350,000 grant to the city Department of Parks and Recreation for improvements at nearby Green Central Knoll Park. The proposed six and eight-story complex contrasts with the 40-story towers proposed for the Greenpoint waterfront and the massive complex slated for the old Domino sugar factory in Williamsburg, and Read representatives Ed Wallace, Mitch Korbey and Jennifer Dickson made the case that their plan to build Bushwick’s first large-scale residential development is feasible for the surrounding community.

“Taken together, our rezoning is not a traditional manufacturing-to-residential rezoning,” said Korbey.

From left to right, Ed Wallace of Greenberg Traurig LLP, Mitch Korbey of Herrick, Feinstein LLP and Jennifer Dickson, also of Herrick, Feinstein LLP present the Rheingold rezoning plan at Tuesday’s hearing. Photo by Tobias Salinger for Bushwick Daily.

Many community members who testified did not agree. Representatives from Churches United for Fair Housing, Los Sures and Make the Road New York cited figures from Reyna showing that sixty percent of the city’s median wealth—$51,544 for a family of four—is out of step with Bushwick, where families of four have median incomes of $34,000.

“Basically what the proposal is offering is that zero percent of Bushwick residents will access this housing,” said Jose Lopez, a housing organizer with Make the Road.

Lopez said the apartments should be affordable to residents with incomes under 30 percent of the city’s median wealth, and both he and speakers from a new neighborhood coalition support raising the number of affordable units to 35 percent of the new apartments.

Brigette Blood of the North West Bushwick Community Group (center, speaking) testifies with others in opposition to the Rheingold rezoning at Tuesday’s hearing. Photo by Tobias Salinger for Bushwick Daily.

“We understand the business model of the developer and we see room for an increase in affordable units and real community needs to be met,” said Brigette Blood, a Bushwick resident who helped form the North West Bushwick Community Group.

Reyna acknowledged their concerns and said she’s in negotiations with Read Property on those fronts. Her office put together a community advisory committee composed of Blood and multiple nonprofits to meet regularly with Reyna and her staff in advance of a Council vote that must take place by December 13, according to the Uniform Land Use Review Procedure. The City Planning Commission approved the proposal on October 23rd, which triggered the Council’s 50-day review period two days later. While Read Property began lobbying the city on this proposal in 2005, according to city records, the final jockeying period in which other Council members usually look to the representative of the particular district to signal whether they’ll vote up or down often brings concessions from developers.

Reyna, who outlined affordability and a new grocery store for the area as two of her priorities for the proposal, said she’s trying to make sure developers have to live up to their agreement.

Councilwoman Diana Reyna asks questions to representatives from Churches United for Fair Housing, the Rheingold Homeowners and Make the Road New York, all of whom currently oppose the Rheingold proposal, during the hearing Tuesday morning. Photo by Tobias Salinger for Bushwick Daily.

“We have seen a lot of lessons learned in Greenpoint and Williamsburg, and we don’t want to repeat them in Bushwick,” said Reyna, who is term-limited out of office in January.

But others testified in favor of the proposal, including members of the SEIU 32BJ union and Williamsburg’s St. Nicks Alliance workforce development program. Carolann Johns of St. Nicks announced Wolf agreed to pay the nonprofit $75,000 to train and staff 60 construction positions on the site—jobs with “comparable” wage and benefits to other employees in similar roles.

Councilwoman Diana Reyna is taking center stage as other Council members like Leroy Comrie look to her to signal how they’ll vote on Rheingold. Photo by Tobias Salinger for Bushwick Daily.

“Our target would be individuals in the community who are unemployed or under-employed,” said Johns, the managing director of workforce development at St. Nicks.

The other nonprofit that would provide services on the site, Churches United for Fair Housing, has yet to sign on. Executive director Rob Solano and director Daniel Bruno said they are looking for at least 30 percent of the new units to be affordable before they’ll think of supporting it.

“We’re not that far away,” said Solano, after the hearing. “But some serious conversations need to happen. If it’s not going to benefit our community, then we’re willing to say no.”

But the people present at the hearing are not the only people who get to make their feelings about this project known on behalf of Bushwick. If you want to get involved, please contact the North West Bushwick Community Group by email at (northwestbushwickATgooglegroupsDOTcom) or on Facebook. And stay tuned...

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