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February 13, 2008
Developer's Donation Raises Eyebrows
WNYC Radio
by Matthew Schuerman
Forest City Ratner gave more than $58,000 to the Democratic Assembly Campaign Committee last month.
A spokesman for the company wouldn't comment on the reason for the gift, but it was the first time in 6 years that the company or its chief executive, Bruce Ratner, has made a contribution to any local or state political party or candidate.
The top Democrat in the Assembly, Sheldon Silver, has supported Atlantic Yards in the past, and his continued backing could play a role in securing tax-exempt financing for the apartments and the basketball arena. His office would not return phone calls or an e-mail.
The contribution, which was first reported on the Atlantic Yards Report blog, makes Forest City the 5th most generous supporter of Assembly Democrats over the past year.
NoLandGrab: If "loose lips sink ships," what do tight lips do? Only Bruce Ratner and Shelly Silver know for sure.
Posted by eric at February 13, 2008 11:34 AM