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November 19, 2007
A "Speaking" Market and a Gagged Market
From Develop Don't Destroy Brooklyn's response to the latest news on the Hudson Yards Request for Proposals (RFP):
Yes, the MTA issued a legitimate RFP and has reeled in five legitimate proposals..."the market speaking." That came after the demise of the Jets' stadium, which of course never involved an RFP.
As we know, the 8.3 acre Vanderbilt rail yards in Brooklyn were "put up for bid" when the MTA issued a sham RFP in May 2005, ending in granting the development rights to the low bidder--Forest City Ratner.
The sham RFP process was undertaken in such a way precisely to eliminate the market from speaking in such a way that Deputy Mayor Doctoroff celebrates today on the west side.
Click here to read the rest of the response, including a list of what might have been if the Metropolitan Transportation Authority (MTA) had issued a serious RFP for Brooklyn's Vanderbilt Yards.
Additional:
NY Post, THE NEXT 'WEST' THING
amNY, Possible plans for Hudson Yards unveiled
MetroNY, Five visions for new West Side
NY Daily News, Five companies bid to remake six blocks of Hudson Yards area
The NY Sun, Proposals for Hudson Yards Reach High, Green
Posted by lumi at November 19, 2007 6:07 PM