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June 24, 2008

NY Post editorial twists its way to an AY hooray

Atlantic Yards Report

Norman Oder pokes some holes in the logic in today's pro-Atlantic Yards New York Post editorial.

The New York Post editorial board goes through some interesting gyrations in its editorial today, headlined A WIN FOR ATLANTIC YARDS. The newspaper opines:
Atlantic Yards, to be sure, has never been a perfect project. For starters, Ratner has relied heavily on special subsidies and tax breaks.

The Post itself has estimated the tab at $2 billion. Doesn't that imply some effort at a cost-benefit analysis?

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Posted by eric at June 24, 2008 9:11 AM