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December 10, 2007

Lottery? ACORN's Partner Ratner Has MTA's Money

Develop Don't Destroy Brooklyn

While ACORN's Bertha Lewis jokes about her $115 million MegaMillions-jackpot plan for staving off MTA fare hikes, DDDB points out that the MTA left that same amount on the table when it agreed to sell the Vanderbilt Yard to developer Forest City Ratner for $114.5 million less than what its own appraiser said the land was worth.

link

NoLandGrab: As Bruce Ratner well knows, it helps to be the only one really in it to win it.

Posted by lumi at December 10, 2007 2:15 PM