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December 19, 2006
Brodsky: Atlantic Yards not ready for evaluation
Atlantic Yards Report
An influential Democratic Assemblymember said yesterday said there was too little information extant about Atlantic Yards financials to make any evaluation of the project.
Richard Brodsky, a Democrat from Westchester, had just finished putting Empire State Development Corporation (ESDC) officials through the wringer on a number of issues, including a brief but intense foray into Atlantic Yards.
What would he tell Assembly Speaker Sheldon Silver, who controls one of three votes on the Public Authorities Control Board (PACB) and could stall the project until the incoming administration of Governor Eliot Spitzer, a fellow Democrat?
Brodsky, who chairs the committee that oversees public authorities, said Silver addressed the issue on his own, since he doesn't sit on the PACB--which oversees financing for certain state projects--as a legislator.
But Brodsky offered his own opinion: “As of right now, I need to know more of the facts that we sought and didn't get today, and we’ll get those by the end of the year.” (Later yesterday, NY1 reported that Silver had stalled the project.)
Posted by lumi at December 19, 2006 10:18 AM