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                                    IM S ADC O U L D B EWORTH 500TO YOU.If you're thinking of replacing your old oil boiler or upgrading your gas boiler with new highefficiency gas heat, we've got a deal for you. In fact, we have all kinds of deals. One of them can even get you as much as $500.Call us, Gas Energy Inc. We're New York's #1 home heating specialist.CALL(718) 403-4700ANYTIME DAY OR NIGHT( G E l ] G A S E N E R G Y I N C .Subsidiary of Brooklyn Union GasliftVOLUNTEEREXPLORATIONDAYatThe Long IslandCollege HospitalWEDNESDAYOCTOBER 15%u20143 to 5 p.m.Attend this special program to explore new dimensions in personal and professional growth as an LICH volunteer.Discover the diverse and meaningful volunteer opportunities available through talks by LICH staff and volunteers and a hospital tour.Conference Room 120Fuller Pavilion%u2014LICHAtlantic Avenue agd Hicks StreetPlease reserve your placeby calling 780-1982Atlantic Terminal DeveloperGets $ 10.7 Millinn From FmIsBY LIZ KOCHIt has been a long wait, but DowntownBrooklyn developer Rose Associates hasreceived a $10.7 million grant for its AtlanticTerminal/Brooklyn Center project in themost recent round of Urban Development Action Grants (UDAGs) issued by the FederalDepartment of Housing and Urban Development. The award, which eluded Rose and theCity of New York on two previous roundswhen the application was deemed incomplete, is a significantly smaller amountthan was initially hoped, but both thedeveloper and the City%u2019s Public DevelopmentCorporation (PDC) still expressed satisfaction at the award announced last week.%u201cI am very, very pleased with the grantamount,%u201d said Jonathan Rose about theaward. %u201cWhen you consider the amountgiven by HUD is more than 10 percent of thetotal amount they had available, you can seethat we did very well,%u201d he explained. PDC%u2019sLee Silberstein echoed Rose%u2019s positiveremarks, saying, %u201cIt%u2019s terrific. It shows theproject is going to move forward.%u201dAccording to HUD aide Jack Flynn, 35awards were issued for projects nation-widein this round of awards, with the dollaramount just over $80 million.Ground-breaking for the mixed-use project, planned for the largely-vacant land siteeast of the intersection of Flatbush and Atlantic Avenues, is expected in early 1987, according to Silberstein. The project is awaitingapproval by the NYC Board of Estimatewhich is scheduled to vote on the plan on October 9. The development received the approval of the Community Board and CityPlanning Commission earlier this summer.The project, which will sprawl across 24acres in two phases%u2014Atlantic Terminal andBrooklyn Center%u2014carries a total price tag of$550 million, but the UDAG money is earmarked for the Phase I Atlantic Terminalportion of the project.With only two-thirds of the funding he needed received, however, Rose said he is nowlooking for alternate ways to secure the difference so he can keep the parameters of theproject the same. Of the $10.7 million awarded, the sum will be broken down into twoparts: $8 million is targeted for commercialdevelopment and $2.7 million for the residential element of the project. The residentialallocation is being applied to bring down thecost of 273 of the 643 housing units included inthe plan. The 643 housing units as plannedwere geared toward families earning between $25,000 and $48,000 and Rose says hewill seek another route to complete his funding for the remaining units.%u201cWe have an application for a grant fromthe State Affordable Housing Fund for thebalance and we are optimistic that we willreceive that,%u201d Rose explains. The decision onthat application will be announced later inmid-October. He adds, however, that if theState money is not forthcoming, the City willapply for yet more UDAG money to cover theproject. %u201cWe have the right to go back andapply for more,%u201d Rose says. In addition, he isseeking another $2 million for the commercial portion of his project and says simply,that he is %u201cin the process of working out withthe City where the money will come from.%u201dThe Atlantic Terminal portion of the twophase project will include two 24-story officetowers, one of which will house the consolidated offices of the City%u2019s Health andHospitals Corporation. Rose and the City hadbeen negotiating the tenancy of the City agency since January 1985 and three weeks agosigned a letter of intent for HHC to be the firstmajor tenant for the development. The letterof intent, according to Rose, was crucial forthe UDAG application, as it helped fulfill arequirement of substantial private investment in the project. The Federal funding isdesigned for developments in distressedareas.Under the terms of the letter of intent, HHCwill lease 415,000 sq. ft. in Atlantic Terminalat an initial rental rate of $16.50. The City ofNew York will cover additional costs arisingfrom improvements of the space and rentalcosts. HHC is currently utilizing fourbuildings at 125 Worth St., 346 Broadway, 41stSt., and Fordham Plaza. HHC aide SusanHalprin says that although initially costs forthe move will be higher than HHC%u2019s currentcosts, in the long run the move is expected toincrease efficiency in operations and alsoprove economically advantageous.Montalto And Mega Battle It Out One Afore TimeContinued from Page 3%u201ccop-out.%u201d %u201cI want capital punishment, Iwant the death penalty restored and I don%u2019twant this sort of cop-out. I think Joe Montaltois being very irresponsible with this issue.%u201dThe growing abuse of crack is also a concern of the two candidates, but their approaches differ. Montalto says that the issuesneed to be talked about, but he does not wantto see an entire campaign waged on thesingle issue. Mega has pushed himself intothe forefront on the issue, working on legislation in his committee that makes mandatoryminimum penalties for drug sales close toschoolyards.VOTERS KNOW H E RECORDDespite Cuomo%u2019s place at the top of theDemocratic ballot, the national focus on drugabuse and related issues could put Montaltoat a disadvantage in the race. Mega says thatthe voters know that he has a strong recordon all law enforcement issues. %u201cIf I lose theelection, they know that they will lose thechairman of the Senate%u2019s crime committee,%u201dhe says.Montalto acknowledges that he has anuphill battle ahead. %u201cIn this district theDemocrats have never run a serious race sowe%u2019re creating a record as we go along,%u201d hesays. %u201cI am a little worried about the amountof money they will probably spend in thisrace as well.%u201dMontalto uses the example of their twocampaign offices as the difference in theamount of money being raised. Mega has alarge office at 84th St. and 4th Ave. He alsomaintains three district offices in SunsetPark, Bay Ridge and Borough Park. %u201cI%u2019mrunning my campaign out of the 51stAssembly District clubhouse in Park Slope,%u201dsays Montalto.Now that the party primaries are over,with many Democratic nominations tantamount to general election victory, eyes haveturned to the only stand-offs betweenRepublicans and Democrats in Brooklyn inthe 23rd S.D. In 1982, Montalto won with 296votes, 27,143 to 26,977. But in 1984, Mega wonwith 4,828 votes, 41,098 to 36,270.The two candidates will be meeting in ParkSlope for a debate Oct. 15. The debate will besponsored by the Park Slope Civic Council atthe Methodist Hospital Auditorium and isscheduled to begin at 7:30.!LMOVE FAIR DATE: Originally scheduledfor mid-October, the date of the annual fallBrooklyn Brownstone Fair has been movedto spring. New dates, says fair coordinatorNat Hendricks, will be Saturday and Sunday,April 25-26. A strike of some employees at theBrooklyn Union Gas Company, which beganin August, continues with picketing in front ofits Montague Street headquarters, site of theannual event.PRATT DINNER: A dinner honoring Edmund T. Pratt, chairman of Pfizer, Inc., isplanned for October 15 at the Dime SavingsBank in Fulton Mall. Proceeds from the dinner will benefit Pratt Institute%u2019s newlycreated Pratt/Dana Internship Program thatprovides financial assistance and work experience in the fine arts to students. Eachdollar raised will be matched by the CharlesDana Foundation. Tickets are $250 each. Forinfo, call 636-3600.PUMPKIN FESTIVAL: The annual Clearwater Pumpkin Festival is October 23,10am4pm, at Fulton Ferry, near the BrooklynBridge. Music and entertainment will be provided by Eric Russell and the Hudson RiverSloop Singers. Admission is free, and pumpkins will be for sale. School groups mustmake reservations, 314-454-7673.NOWAK WEIGHS NUKA: The New YorkAquarium held its Second Annual %u201cO-FishAl%u201d Weighing of Nuka, the Pacific walrus onSeptember 25. Senior Trainer Gunter Skammel weighed Nuka at 961 pounds, which wasthe weight guessed by Wendy Nowak, of Middle Island, N X Her prize was membershipin the New York Zoological Society, theorganization which runs the aquarium.P %u00bb %u00ab %u00ab 4, T H E P H O E N IX , O c to b e r 2 ,1 9 8 6
                                
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