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April 12, 2006
$66 Million and counting...
The NY State Senate appropriated another $33 million for Ratner's arena, which brings the tally to $66 million served.
While Governor Pataki is vetoing funding for Medicaid and secondary education, look for Bruce Ratner's Columbia University Law School chum to hand over more bucks to bring the tally to the grand total of $100,000,000.
Here's the coverage:
The Daily News, Senate OKs 33M for Yards Net arena
The State Senate approves Ratner arena funding over the objections of State Senator Velmanette Montgomery, who represents the district where the Atlantic Yards proposal is sited.
The Real Estate Observer, Atlantic Yards Total: $66M
The $66 million still needs to pass muster with the Governor. But something tells us that despite his slashing and burning the rest of the legislature's budget, this part will stay in. In fact, Pataki may even add to the pot from his discretionary funds.
Crain's, Atlantic Yards Cash
Posted by lumi at April 12, 2006 5:36 PM