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February 22, 2007

Challenging development, when you can afford a full-page ad in the Times

Atlantic Yards Report

"Why, now, is the government planning to pay for the construction of an overly expensive design to be occupied by government agencies at overly expensive rents, all at the expense of taxpayers' money which could be put to better uses?"

So asks the Continuing Committee for a Reasonable World Trade Center, in a full-page ad on p. B10 of yesterday's New York Times. That committee, run by "the developer Douglas Durst and the real estate investor Anthony E. Malkin" (in the words of the 2/13/07 New York Times), clearly reflects some self-interest.

It makes you wonder: what if some other developers felt threatened by the Atlantic Yards project? Might they be reflecting both self-interest and the public interest?

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Posted by lumi at February 22, 2007 7:18 AM