June 19, 2007
EDC criticizes Coney developer's demand for "huge" $100M+ subsidy
Atlantic Yards Report
Yesterday, the Times quoted a government official who criticized Thor Equities's Coney Island redevelopment proposal (article), claiming that the developer is "looking for a huge subsidy from the city. North of $100 million."
The "Mad Overkiller" Norman Oder opines:
Would make the $205 million city subsidy for Atlantic Yards "more than huge"?
NoLandGrab: Technically, it's "2.05-times-as-huge." But who's counting, when no one's looking?
Posted by lumi at June 19, 2007 9:36 AM