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May 23, 2007
Now, the Fenway Principle
The NY Sun
By Evan Weiner
Readers who are interested in public financing of sports venues will want to read this article, though we bring it to you for another reason. This article about the "Fenway Principle" and progress on a new Mets ballpark mentions eminent domain and the Nets arena:
(The city might also rely on eminent domain to secure land needed for developer and Nets owner Bruce Ratner's Atlantic Yards-arena project in Brooklyn.)
NoLandGrab: The City WON'T because the State got there first. Atlantic Yards is sponsored by NY State — that's how the project got around all of the local zoning regulations and the local land-use review process. The State is already in the process of condemning property.
Posted by lumi at May 23, 2007 6:45 AM