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June 24, 2008
A WIN FOR ATLANTIC YARDS
NY Post Editorial
Downtown Brooklyn's Atlantic Yards redevelopment got a huge and welcome shot in the arm yesterday - courtesy of a favorable decision from the highest court in the land.
...Atlantic Yards, to be sure, has never been a perfect project. For starters, Ratner has relied heavily on special subsidies and tax breaks.
And, of course, the state is threatening to use its eminent-domain authority (a power we've argued should never be used lightly) to acquire some of the land - sparking the court case in question.
Still, at the end of the day, the city can't afford to leave neglected, run-down or under-built areas languishing.
Posted by eric at June 24, 2008 9:05 AM