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                                    Heights Group Hires Pier ConsultantThe Brooklyn Heights Association hashired a planning consulting firm to help formulate a development plan for the PortAuthority Piers 145 below Brooklyn Heights.The group was displeased with the results ofa study contracted by the Port Authority ofNew York and New Jersey, calling it amarketing study that showed little, if any,planning.The decision to engage a planning consultant came from a BHA subcommittee on thepiers, headed by Scott Hand, Otis Pearsolland Anthony Manheim, that grew frommeetings with the PA over the study by Halcyon Ltd. of Connecticut, released inFebruary.%u201cThe committee has 45 or 50 members andis growing all the time,%u201d says Manheim. %u201cWehave many key people working on this project.%u201d Among the committeemembers is TedLiebman, who lives in the Heights and is aformer chief architect with the UrbanDevelopment Corporation.%u201cThe Port Authority never did a planningstudy. They did some market research thatmay be helpful,%u201d says Manheim. %u201cBut no oneto date has done any planning for the site.%u201dThe BHA engaged Buckhurst Fish Hutton &Katz, of Manhattan, to devise a plan for andadvise on the site in general. The BrooklynHeights Association is most concerned withthe view from the Brooklyn Heights Promenade that could be obliterated or compromised by imprudent development.%u201cWe expect to interact frequently with theplanning consultant,%u201d he says. %u201cAnd with thePort Authority. We%u2019re not planning to doanything in secret.%u201d Manheim said the studywould take the next several months to complete. %u2014 T.G.Board Of Estimate Approves TunnelAtlantic Avenue is one step closer to reviving its railroad history thanks to final Boardof Estimate approval of a franchise for theAtlantic Avenue Local Development Corporation and the Brooklyn Historic RailroadAssociation (BHRA) to operate a railroadmuseum in a long-empty tunnel beneath thebusy street between Brooklyn Heights andCobble Hill.The construction and operation of thesubterranean museum will be a joint ventureof the BHRA organized by Brooklyn residentRobert Diamond who rediscovered the abandoned tunnel seven years ago, and the Atlantic Avenue Local Development Corporation,which will have financial oversight of the project. Plans for the re-use of the 2,517 footbrick-vaulted tunnel which runs from CourtSt. to Hicks St. below Atlantic Ave., includecreation of a railroad museum, exhibits onAmerican railroad history, and a replica ofthe original train that traveled in the tunnelbefore it was permanently shut down in 1861.A German trolley built in 1897 was donated tothe group last year and will run on newlyconstructed tracks in the tunnel.%u201cThe hard part was getting the franchise,getting people to believe in the project,%u201d Diamond says. %u201cNow that people believe, we canmove onto the financing and design of theproject.%u201dITie first step of the two groups is to raisemoney to build permanent public entrancesto the space, now only accessible via amanhole in the middle of the intersection ofAtlantic and Court. A proposal will soon besubmitted to the City%u2019s Dept, of Cultural Affairs for $2.5 million for engineering, architecture and exhibit designs, projectmanagement and construction. The groupsare seeking to build tunnel entrances at thenortheast and southwest comers of Court andAtlantic. Kiosks will decorate the entrancesas they did in 1844 when the tunnel first opened.Shirley Joe Payne, president of the AtlanticAvenue group, has high hopes for the tunnel.%u201cIt%u2019s an ambitious project and we believe itwill be something like the tenth wonder of theworld,%u201d he says. The groups will launchfundraising activities next year to raise additional funds for the actual museum facility,he says. %u2014L.K.Yvonne LewisCANDIDATE FOR JUDGES econd C iv il C ou rt DistrictB edford S tu yvesan t-C ro w n H eights-Fort G re e n e43rd, 53rd, 54 th , 55th, 56th , 57th A s s e m b ly DistrictINFORMED AND COMMITTED LEADERSHIP MAKES THE DIFFERENCE!%u201cInjustice anywhere isa threat to justice everywhere%u2014DR. MARTIN LUTHER KING.Committee to Elect Yvonne Lewis1424 Fulton Street Brooklyn, New York 11216 (718) 604-9720GENERAL ELECTION NOV. 4, 1986P o lls o p e n f r o m 6 a m - 9 p m .T h is ad paid lo r by C o m m itte e to Elect Yvon ne Lewis.I n d e p e n d e n c eL e a d s i nLowest CostNo PointsM o r t g a g e sa n d C o - o p L o a n sADJUSTABLE ANNUALPERIOD PERIOD PERCENTAGE1-1/2% CAP* RATE** RATE*** POINTS1 year 7.50% 10.54% N O POINTS2 years 8.00% 10.19% N O PO INTS3 years 8.75% 10.24% N O PO INTS4 years 9.25% 10.35% N O PO INTS5 years 9.50% 10.37% NO POINTSSPECIAL YEAR-END OFFERADJUSTABLE ANNUALPERIOD PERIOD PERCENTAGE1-1/2% CAP* RATE** RATE*** POINTS1 year 6.50% 10.32% 1%u2022 F o r 2 5 -y ru i lo an s ol $5 00,(KM) o i Irss. I h r la te w ill n o t < lu n g e m o re th a n I I 2% u p oid o w n .n c,u h a d ju s tm e n t jx iio d .%u2022 %u2022 T h i s is a b e lo w -m a t ket in iro d u c lo t y late lo r th e in itia l a d ju s tm e n t }* *iio d R ates suh jet f to( lu n g e w ith o u t p i ioi noii< e.%u2022 %u2022 %u2022 A n n u a l P e n e n la c e R ate based o n th e ( in t e n t valu e o f th e rate in d ex w h ic h is sub ject to< lu n g e . T h e r e is .1 life tim e < a p o f 1 1.7')% o n a ll a d ju s ta b le -ra te m o rtg ag es. R ates a p p ly toow ner-
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