Monday, February 20, 2012
Developers buying politicians
From the NY Times:
...the trial is tantalizing for where its tentacles extend — linking political corruption in Westchester to that in Brooklyn, and touching on the curious fashion in which real estate developers pursue their chosen game.
Important details are shadowed in pretrial murk. Ms. Annabi stands accused of taking bribes to cast deciding votes for two large developments in Yonkers. But in the largest of these developments, Bruce Ratner’s 81-acre Ridge Hill project, prosecutors have not said how much money was forked over.
All of which brings us to the role of the politically wired developer, whose projects are catnip to politicians. No prosecutor has implied that Mr. Ratner or his aides played a corrupt role. In Brooklyn, where he has a 22-acre development known as the Atlantic Yards, he was mentioned in the corruption case last year that toppled a Brooklyn Democratic power, State Senator Carl Kruger. Prosecutors called Mr. Ratner “Developer No. 1.” In Yonkers, he appears in Ms. Annabi’s indictment as “Developer No. 2.”
After I wrote last month of Mr. Ratner’s entanglements, several left-liberal sorts, not least former Public Advocate Betsy Gotbaum, wrote to object that I had besmirched a fine fellow. The developer is a patron of liberal causes. He has set aside a significant number of apartments in his Atlantic Yards project for working-class tenants.
Much of this is true, as is this: Mr. Ratner wrangled $726 million in subsidies and benefits from the city and state, and he fights for even more by the week. (He was the developer of The New York Times building.) His willingness to tuck affordable apartments into his gleaming towers is perhaps a reasonable political tradeoff rather than a testament to his character.
Mr. Ratner relies, too, on phalanxes of former top officials to make his case. The less polite might call them fixers. So he hired Bruce Bender, a former top City Council aide and south Brooklyn Democratic power, as his senior vice president, and put Scott Cantone, a former Giuliani aide, in another post.