Brooklyn Paper excerpt -
An attorney for iStar Financial, the current owners of the Childs
Building, defended the plan for iStar to sell the structure to the city
and transform it into an amphitheater for $50 million in taxpayer money.
The lawyer said that the company, which has a lease to operate the new
facility at a profit for 10 years, had already taken into account the
potential for problems with noise and traffic — and found that there
will be no problems at all.
“I expect that it’s going to be ultimately approved, and I expect
that this project will be a benefit not just to people who come to the
concerts, but to the whole community,” said iStar counsel Howard Weiss.
The City Planning Commission — the next body to review the project — is free to ignore the CB13 vote, which is only advisory.