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February 27, 2006
Ratner project brought "to a screeching halt"
Did we hear this right? Two articles this weekend (Brooklyn Papers and NY Post) quoted Empire State Development Corporation's attorney Douglas Kraus as saying that Judge Edmead's ruling disqualifying David Paget from consulting with the ESDC has brought the project "to a screeching halt."
Apparently, the ESDC will argue that David Paget is the only attorney in the State of New York qualified to work on this project, and therefore, an exception should apply.
Forest City Ratner Executive VP Jim Stuckey was quoted in the Brooklyn Papers saying, “[Further] delay would subject FCR to severe, irreparable harm. These losses would be devastating … and could jeopardize the project.”
Are Brooklynites expected to believe that a $3.5 BILLION project has been brought to a "screeching halt" and that David Paget's disqualification "could jeopardized the project?"
Posted by lumi at February 27, 2006 8:33 AM