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July 27, 2006

NYC Comptroller to endorse Atlantic Yards?

Thompson.jpgThe word through the grapevine is that NYC Comptroller William C. Thompson, Jr. is going to come out in support of the Atlantic Yards project today.

His justification will likely be on the grounds that Forest City Ratner has "demonstrated" that the project will have a net fiscal benefit to New York City, no matter how miniscule.

UPDATE: No release or announcement today.

Then again, we were pretty sure that Thompson had already expressed support for the plan, even though he has taken tough stands against Payments In Lieu of Taxes (as proposed in the Atlantic Yards financing plan) and favoritism in MTA land deals.

Posted by lumi at July 27, 2006 9:11 AM