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December 19, 2006
The Enigma of Prospect Heights
FUNKYPUNDIT uncovers another one of the great ironies of the "blight" argument for Bruce Ratner's Atlantic Yards plan, when the blogger takes a look at City Council Speaker Christine Quinn's map to create an exclusion zone for 421(a) tax breaks for new residential development.
Perhaps the city's Economic Development Corp. will reconcile everything with a new motto: "Prospect Heights: a neighborhood of contrasts -- at once both too affluent and too blighted for frivolities like tax benefits and private-property rights." Though how that would attract anyone I'm not sure.
Posted by lumi at December 19, 2006 7:37 AM