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May 15, 2006
NY Loves Business?
Here's more evidence that Bruce Ratner's Atlantic Yards proposal is becoming synonymous with Big-Business Boondoggles.
Vertebrae, an upstate economic-development property-rights policital-watchdog blog, considers the claims on the NYLovesbiz.com website, the official site of the Empire State Development Corporation, the lead agency for the Atlantic Yards proposal (emphasis added):
The fact is, offering shovel-ready sites and providing subsidies to a very small number of pet projects--many of which are dubious in nature (see the Atlantic Yards fiasco in Brooklyn)--does not imply or equate to a business friendly environment. New York City is successful for reasons other than the State's "business friendliness," and the biggest flops and fiascos going on in NYC (Ground Zero development, Atlantic Yards) have the State's hand firmly implanted in the project. Upstate is self explanatory.
The Times Ratner Report posted an analysis on NYLovesBiz and the ESDC's chairman, Charles Gargano, in February, 2006.
Posted by lumi at May 15, 2006 8:31 AM