From the NY Observer:
Mayor Bloomberg is seeking to grab control of Governors Island and Brooklyn Bridge Park, pushing the Paterson administration aside in an attempt to spur progress on the two projects, both of which would create new real estate development and public parkland.
As part of the mayor’s plan, his administration would take money it invested in the Javits Center (the city and state each have committed $300 million for a major expansion that was subsequently scaled down) and put it toward Governors Island and Brooklyn Bridge Park.
Ah...so there IS money sitting around. Why aren't we using this to keep hospitals and firehouses open?