Aerial photo by Jonathan BarkeyFrom the NY Post:
Brooklyn's Atlantic Yards project is in such financial upheaval that the developer is now trying to cut back on much-needed transit improvements, which he promised in exchange for approval for the controversial $4 billion project, The Post has learned.
Sources said Bruce Ratner is in talks with the cash-strapped Metropolitan Transportation Authority about cutting costs on a revamp and move of the Long Island Rail Road's Vanderbilt Rail Yard, which he agreed to purchase three years ago for $100 million.
The news has Atlantic Yards opponents seething because Ratner wasn't the highest bidder for the 8.3-acre rail yard site, but the MTA agreed to sell it to the developer anyway, allowing him to move forward with his now crumbling 22-acre plan to build an NBA arena and 16 office and residential towers in Prospect Heights.
5 comments:
Terminate Bruce "the rat" Ratner's
ownership of the Atlantic Yards property.
I'm no lawyer but doesn't his action constitute breaking a contract?
A-hem-m-m-m...
and speaking of similar public rip-offs...what's up with the Willets Point boondoggle and fat old decrepit "granny" Shulman's $$$$$ interests therein?
Hahaha the iceholes are all puling each other pull chain's right down the sewer !!
Obama Nation wont give those ZOG turds a squat after what they did to those people with illegel E Domaine abuse
How long before the fat rats all gang up and blaim it on Mayor.
Partys Over --ALL TOAST SOON !!!!!
To try to shortchange the MTA like that in these economic times (and while the MTA is arguing for fare hikes) is absolutely unacceptable.
This is a cluster F**K situation. He should be held liable for his promises and fined 25% of the overall project value and pay restitution to those who already moved or forced out already.
This is a cluster F**K situation. He should be held liable for his promises and fined 25% of the overall project value and pay restitution to those who already moved or forced out already.
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I call upon the preservation community after all their programs on how to live with stuff like this to at least echo this.
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