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March 5, 2004
Economists Not Sold On Pitch For Basketball Arena In Queens
However, Jonathan Bowles, research director for the Manhattan-based Center for an Urban Future, believes that the best way for the city to build its economy is to “think small” and help build neighborhoods by putting the emphasis on homegrown businesses.
“Stadiums are not the greatest thing for a city’s economy, as any economist will tell you,” Bowles said. "
Posted by lumi at March 5, 2004 8:20 AM