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January 6, 2006
Jets vs. Nets
The Real Estate Observer
by Matthew Schuerman
In the Jets v. Nets pissing contest, it looks like the Nets come out way ahead on contracting with women- and minority-owned firms, according to a copy of the Jets' minority hiring plan, recently obtained by The Real Estate Observer.
What are the numbers? Well, the Jets have been touting around 5% of total project cost, "but the plan doesn’t even mention that figure as a goal, let alone guarantee it."
Q: Who knew that Reverend Al Sharpton's support came so cheap?
The Observer does point out one weakness in the FCRC Community Benefits Agreement that hasn't been discussed by the media:
Yet one element that the Jets included that Forest City did not was a conflict-of-interest clause: the politicians, association heads and consultants who were on the minority advisory board for the stadium and were to continue on as supervisors of the agreement “will be precluded from entering into any service contract work with the NY Jets and its consultants on the [New York Sports and Convention Center] project.”
Posted by lumi at January 6, 2006 9:01 AM