Acorn could net millions for AY involvement

Scandal-ridden non-profit group Acorn could garner millions in profits from its involvement with Bruce Ratner’s pet project, the Atlantic Yards development in Brooklyn’s Prospect Heights neighborhood, according to the New York Post. Ismene Speliotis, executive director at the group’s New York branch, said that she expects her organization will take part in marketing and leasing out the 2,250 affordable housing units planned. A former Acorn official said the deal could net as much as $5 million to $10 million annually for the group, which was recently embroiled in a hidden camera scandal, during which Acorn officials were caught giving illicit tax advice to individuals posing as sex workers.

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