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BLOOD MONEY Ratner Pockets Hundreds of Millions from British Bank Tied to Slave Trade, Apartheid

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BLOOD MONEY Ratner Pockets Hundreds of Millions from British Bank Tied to Slave Trade, Apartheid Brooklyn’s Real Newspaper BrooklynPaper.com • (718) 834–9350 • Brooklyn, NY • ©2007 BROOKLYN HEIGHTS–DOWNTOWN EDITION AWP/14 pages • Vol. 30, No. 3 • Saturday, Jan. 20, 2007 • FREE INCLUDING DUMBO BLOOD MONEY Ratner pockets hundreds of millions from British bank tied to slave trade, apartheid just tools used by Ratner to get this project Councilwoman says passed,” said Councilwoman Letitia James (D- Prospect Heights), an Atlantic Yards opponent deal ‘insults’ blacks who is black. “Now that the project has been approved, they By Gersh Kuntzman don’t serve his purpose anymore. Now, he can in- / Tom Callan / Tom and Dana Rubinstein sult them by signing an agreement with a bank The Brooklyn Paper that financed the slave trade and supported the apartheid system. He’ll take money from anyone.” The future home for the Brooklyn Nets will Barclays is a London-based bank — one of the be emblazoned with the corporate logo of a world’s biggest — with holdings around the The Brooklyn Paper The Brooklyn British bank that was founded on the slave globe, but whose history is inextricably linked to trade, collaborated with the Nazis and did busi- some of mankind’s lowest moments: ness with South Africa’s apartheid government. • Slavery: The bank itself was founded by photo illustration Smackdown! Atlantic Yards developer Bruce Ratner an- the Barclay family in 1756 on profits made in The record shows he took the blows: Our photographer, nounced his mega-deal with Barclays Bank on the African slave trade. Tom Callan, gets smacked by this man as he takes a pic- Thursday — but critics slammed the developer The company’s senior archivist, Jessie Camp- ture outside of Monty-Q’s, a Montague Street restaurant for plastering the controversial bank’s name atop bell, defended the bank’s link to slavery in a letter that had just been closed by the Health Department. The the arena after having courted African-American to the London paper, the Guardian, as something Paper The Brooklyn man attacked Callan, demanding to know what our shoot- support for his mega-development. that must “be understood in the context of the Here’s our artist’s rendering of how the Frank Gehry-designed glass-walled “Barclays er was doing. Read story on page 6 to find out. “[Black] supporters of Atlantic Yards were See BLOOD MONEY on page 6 Center” might look with its patron’s name emblazoned on top. THIS WEEK IN 100M for Pataki PAYDAY pal in ‘park’ deal By Ariella Cohen Critics lambasted the deal as another sign also pay a separate maintenance fee beyond the The Brooklyn Paper that the state was not doing enough to limit the tax deal. That annual payment will be calculat- amount of commercial development needed to ed as a percentage of his earnings — so if he Wizards A politically connected developer of luxury pay the self-sustaining park’s $15-million an- earns more, so does the park fund. condos within the state’s “Brooklyn Bridge Park” nual maintenance costs. As a result, Levine said his condos would waterfront project will get a steep tax break, ac- In addition to Levine’s 500 condos, there generate approximately $100 million over 20 of Ahhhhs cording to a lease agreement released last week. will be three new revenue-generating residen- years — twice the ESDC estimate. “One Brooklyn Bridge Park” developer tial buildings, a 225-room hotel, shops and The boast, however, seems to back up Australian restaurants are Robert Levine, a prominent contributor to for- popping up all over Brook- restaurants in the so-called park. Lowy’s point that ESDC does not know how mer Gov. Pataki, will save approximately $5 “Two new residential buildings could be much residential construction is needed to en- lyn — and GO Brooklyn has / Daniel Krieger million a year for 20 years, thanks to the city’s eliminated if [Levine] paid his fair share,” said sure the park’s upkeep. the scoop on where to get J-51 tax abatement, which is commonly avail- Kenn Lowy, president of the Friends of Brook- In total, the sale of the 500 units could reap “floaters,” “bum nuts” and able to developers. lyn Bridge Park. “But because the Empire State Levine as much as $674 million, according to even a burger topped with The savings represent a 41-percent discount Development Corporation wants development, the lease agreement, which will be discussed at beets, pineapple and a fried on the property’s predicted taxes, according to not a park, he will not pay.” a public hearing next week. egg (right). See page 7. Paper The Brooklyn earlier documents obtained by The Brooklyn Paper. But Levine defended the deal, saying he will See PAYDAY on page 5 Plug pulled on Powerplay Park Slope’s indoor kids’ gym is shut by FDNY By Dana Rubinstein last-minute arrangements for their chil- dition to serving its usual clientele of complained Fritz Jean, Powerplay’s The Brooklyn Paper dren’s birthday parties. karate-kids and aspiring gymnasts, the co-owner. The Fire Department closed Power- Third Avenue and Seventh Street loca- Of course, it wasn’t just Jean and the The city has shuttered a popular Park play on Jan. 11 after an inspection re- tion was serving as the temporary day care center that were inconve- Slope sports center, citing safety prob- vealed that the center did not have a headquarters for the Park Slope Child nienced by the gym’s abrupt closure. lems, forcing neighborhood children to sprinkler system or a permit to operate Care Collective, whose own offices Clark Vines’s sixth birthday party forgo weekly tumbling lessons, and as a day-care center. were damaged in an October fire. had to be moved to the Brooklyn Soci- Tetherball sending families scrambling to make And therein laid the problem: in ad- “No good deed goes unpunished,” ety for Ethical Culture (which doesn’t exactly scream out fun). “It was kind of a shock,” said Mary Vines, Clark’s mother, who found out about the gym’s closure last Friday. The world’s greatest game, tetherball, is now a part of Brooklyn Bridge Park (see cir- “The party was set for the next day.” cle in rendering, above). Fans of the game include the writers of “Napoleon Dyna- After panicking for an hour, Vines ended up renting a bouncy castle from mite” (inset), whose hero was a tetherball phenom. Aardvark Amusements, and securing the Society space. OUTPOURING “It all worked out, and everyone had a blast,” she added. Clark Vines was not the only birthday Brooklyn opens its heart to an old man boy left hanging. The mother of 3-year-old Sidney TETHERBALL Rabeck also did some emergency man- By Gersh Kuntzman agement when she learned of the gym’s The Brooklyn Paper closure, just a week before what would Brooklynites unleashed a flood of have been her son’s gymnastics party. THE CITY GAME IS BACK! support for a 94-year-old Carroll Gar- “I really, really scrambled,” said dens man whose imminent eviction Evie Rabeck, who made her Powerplay This paper has taken a very principled Moses’s long-powerful Office of Tetherball was featured on The Brooklyn Paper’s reservations a year in advance. stand against the waterfront condo-and-open- Services dropped (or, more accurately, sev- front page — but the man remains no Even worse, she only found out space development known as Brooklyn ered) the ball and eliminated hundreds, if not closer to finding a place to live when he about the closure from reading the ru- Bridge Park, but the time has come for the dozens, of tetherball courts citywide. is kicked out of his Warren Street apart- mor-filled posts on the well-trafficked Brooklyn Angle to break “There really aren’t ment next week. Park Slope Parents Web site. from The Brooklyn Pa- any tetherball courts in After reading about Dominick Dio- Such posts included breathless claims per and support Brook- THE BROOKLYN schools anymore,” said a mede, dozens of readers called or emailed that fumes from the auto body shop that lyn Bridge Park for one By Gersh spokeswoman for the De- their support — many offering cash to shares Powerplay’s building sent kids reason and one reason ANGLE Kuntzman partment of Education. help the lifetime Gardens resident once spilling out onto the sidewalk and later only: tetherball. A Parks Department he is forced out of his $500-a-month flat brought the prying eyes of the FDNY. The other day, the flack said the same thing and into a more-expensive place. Jean claimed the FDNY inspection Brooklyn Bridge Park to me — me, the great- The story was also picked up by all was, in fact, “routine.” Conservancy sent out a est tetherball star (in- the local news channels, plus a Ger- Rabeck managed to book a spot at man TV crew. Paper The Brooklyn Honeydew Drop Childcare Services, but glossy mailing highlight- deed, the only tetherball Councilman Bill DeBlasio (D-Car- After The Brooklyn Paper’s front-page story on 94-year-old Dominick Diomede “other parents out there weren’t as for- ing all the recreational star) ever produced by roll Gardens) was working to get last week, his imminent eviction became international news. Here, Diomede is tunate.” offerings their new park Ardsley High School. Diomede a subsidized apartment from interviewed by a crew from Channel 9. Later, German TV stopped by. Rabeck said she’ll return to Power- would have — and teth- The Parks spokeswoman the Fifth Avenue Committee, a Park play — should it reopen as promised erball was right there on might as well have Slope non-profit group, but as of press Diomede and that childhood pal never and was referred to Diomede’s social next month.
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