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September 20, 2005

MTA BS may stink, but its Damn Funny!

onNY Turf

Now why would the MTA sell off its property for less than half the appraised price, since no homeowner in their right mind would ever sell their house for half the value? Well, every irrational decision deserves as rich an irrational answer as that coined by MTA chairman Peter Kalikow. Mr. Kalikow's explination, and I swear its so bad its good, Mr.Kalikow actually said that the $214.5 million appraised value of the Atlantic Yards "is just some guy's idea of what it's worth."

Some Guy?

link

Posted by lumi at September 20, 2005 8:09 AM