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March 22, 2005

DDDb Press Release:
Free Market for the West Side, Fixed Market for Brooklyn?

DDDB Demands Open Bid for MTA Land

BROOKLYN— Develop Don’t Destroy Brooklyn (DDDB) spokesman, Daniel Goldstein today reaffirmed DDDB’s position that free market forces must be allowed to prevail in Brooklyn, as they have in Manhattan, when it comes to the sale of MTA property.

“Look at the massive difference in benefits that New York City and State will get as a result of an open bidding process at Hudson Yards,” Goldstein stated. “DDDB demands that the MTA yards in Brooklyn be subject to the same open bid process. An independent appraisal and RFP (Request For Proposals) are critical to protecting the public’s rights—including the right to free market benefits that Bloomberg, Doctoroff, Pataki and Ratner are trying to keep from the taxpaying public."

Goldstein’s comment followed last night’s announcement that—after first receiving a $100 million backroom “bid” from the Jets, and then opening the process up—the MTA has now received two other bids for much more money, and a new bid from the Jets that is 700% higher.

“Last night,” Goldstein concluded, “history proved yet again that the free market consistently provides higher benefits to the citizenry and taxpayers than no-bid, single-sourced, taxpayer-financed deals that are cut in a back room between government and industry.”

Posted by lumi at March 22, 2005 9:35 PM