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May 10, 2007

Reading between the lines when ESDC’s Foye discusses Atlantic Yards

Atlantic Yards Report says Empire State Development Corporation Downstate Chairperson Patrick Foye is no Charles Gargano.

So, who is he and what's new and different (if anything) at the Empire State Development Corporation?

Still, an Atlantic Yards-ologist looking hard between the lines of Foye’s remarks yesterday, at a breakfast sponsored by Crain’s New York Business, might detect some implicit wariness about Atlantic Yards.

Yes, ESDC wants to continue on major projects bequeathed by the Pataki administration, including Atlantic Yards, he said. At the same time, however, ESDC wants to diversify its portfolio and be a force for reform.

Though Foye stressed that the ESDC aims to be judicious and accountable, he wouldn’t take the opportunity to criticize Gargano’s ESDC, even as new oversight the ESDC proposes for Atlantic Yards suggest that the state had planned for inadequate transparency.

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Posted by lumi at May 10, 2007 7:56 AM