BUILD gets a pay cut

BUILD, the community organization supporting the Atlantic Yards project, released parts of its revised IRS forms Friday, this time neatly typed, and acknowledges that its earlier application for nonprofit status was in error. James Caldwell, the president and CEO, will only get $69,000 a year, down from $125,000, and Marie Louis, chief operating officer, will get $60,000, down from $100,000.

The released pages also show that BUILD, which has received $138,000 so far from Forest City Ratner, the Atlantic Yards developer, expects another $62,000 by the end of the year. No mention of who might be writing that check—although the organization does plan to “solicit funds from corporate, individual and governmental sources.”

Meanwhile, the Council of Brooklyn Neighborhoods released the results of its survey of local groups (very big PDF). It’s difficult to summarize the data except to say that traffic was the leading concern.

Matthew Schuerman BUILD gets a pay cut