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December 14, 2006
ATLANTIC YARDS QUESTIONS
The NY Post published a hyperbolic, error-filled, name-calling editorial this morning asking the questions:
Will Silver hold a gun to the baby's head to get whatever it is he wants?
Will Atlantic Yards go down in defeat - for reasons that have nothing to do with the merits of the plan?
The editorial touts that the project is, "bringing 22,000(?) new(?) jobs over the next decade, another 5,000 permanent jobs and $5.6 billion(?) in tax revenues over 30 years."
NoLandGrab: If that were true, it would be some sort of a miracle — the jobs figures are "job years," in otherwords, if you still have your job next year that will be, like, two jobs (no joke). And those permanent jobs figures? They're not only historically inflated, but are based solely upon the project's square footage.
The Post goes on to declare, "There's no legitimate reason the board should not give the plan its OK."
NLG: We AREN'T going to say that the NY Post editorial is PURPOSEFULLY printing overinflated figures and overlooking many obvious problems that even the developer admits will be a challenge. That wouldn't be polite.
Posted by lumi at December 14, 2006 7:45 AM