« Brooklyn's Atlantic Yards a Step Closer to Being Owned by Ratner | Main | Ahead of the Bounce »
September 26, 2005
Tough Choice for Brooklyn Businessman: Accept Ratner Offer or Risk Seizure
The NY Sun
by David Lombino
Simon Liu saw his father’s butcher shop seized by communists in China. Now the butcher’s son is facing government seizure of his own New Yorkbased business as part of real estate developer Bruce Ratner’s plan to bring the New Jersey Nets and 7,300 housing units to Brooklyn.
Mr. Liu said that even after what happened to his father, he never thought that the powers of government would be used to seize his own property. “My father would seldom talk about that,” Mr. Liu said. “I could never imagine it would happen here.”
Posted by lumi at September 26, 2005 9:06 AM