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December 20, 2006
Price of Yards too high?
State opens books before key vote
NY Daily News
By Jotham Sederstrom
Today's Daily News article is following the money:
A state agency turned over key financial documents pertaining to the Atlantic Yards yesterday, just one day before a crucial vote that could decide the fate of the controversial $4.2 billion project.
Assembly Speaker Sheldon Silver's office pored over more than 100 pages of previously undisclosed documents as opponents continued to push for postponing a vote by the Public Authorities Control Board.
"We received a significant amount of additional information today and we're continuing conversations," said Silver's spokesman, Skip Carrier, who declined to say how, or if, Silver will vote when the three- member panel meets.
"It's a lot of money, it's a complex proposal and it's changed significantly over time," Carrier said.
...
"If the financials made sense, they wouldn't be handing them over the night before a scheduled vote and therefore the PACB needs to postpone this vote," said Daniel Goldstein of Develop Don't Destroy Brooklyn."Because of the discipline the PACB has placed on their responsibilities, [ESDC officials] are finally realizing they can't jam this through in the dark," said [State Assemblymember Richard] Brodsky, chairman of the committee that oversees public authorities.
"This should rise and fall on its merits and not on politics," he said.
NoLandGrab: It is totally insane that on the eve of a crucial final-approval vote, the ESDC is releasing these documents only to the Speaker, despite a Freedom of Information Law filing by Assemblymember Jim Brennan and a subpeona from Assemblymember Richard Brodsky.
Posted by lumi at December 20, 2006 7:53 AM