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December 14, 2006

Atlantic Yards Bennies Drop by $456 Million

The Real Estate Observer

Reporter Matthew Schuerman links Norman Oder's article and comes up with a great headline:

Atlantic Yards chronicler Norman Oder notices that the state is now saying that the project will generate $456 million less in tax revenue--or almost one-third less--than it previously estimated. And the project has not been scaled down anywhere near that much.

link

Posted by lumi at December 14, 2006 10:08 AM