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October 8, 2006

PBS Takes on Gargano

The Real Estate
Matthew Schuerman

Charles Gargano, chairman of the Empire State Development Corporation, was asked some tough questions for tonight's Channel 13 special on Atlantic Yards, according to a transcript posted on Norman Oder's blog. In response to one of them--why the public cannot see the financial projections that E.S.D.C. used to calculate the economic impact of the project, Gargano answers that the public will see them--though by that point it will be too late to do anything about them:

Completed documents, once the project is approved, once we have completed the negotiations with the developers, they will all be public record.

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Posted by amy at October 8, 2006 10:16 PM