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March 16, 2007
The Ratner ripoff
The Brooklyn Paper editorial
So why is the city — which has already pledged $105 million towards “infrastructure improvements” around Atlantic Yards — buying $100 million in land?
It’s a reasonable question, given that Ratner has already bought up most of the land — some of it at a reduced price, courtesy of his state lackeys. Those same supposed stewards of our tax dollars have promised to condemn whatever land Ratner was unable to buy and turn it over to him.
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Now, this newspaper has no problem with the city doing the necessary infrastructure work — laying sewer lines, installing lights, etc. — to encourage private development.But we don’t understand why it is the taxpayers’ job to cut costs for Ratner’s land acquisition.
NoLandGrab: No other NYC editorial board has come close to contemplating this simple question.
Posted by lumi at March 16, 2007 11:38 AM