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July 31, 2008

Who’ll Save New York? Paterson’s Possible Super-Friends

New York Magazine
by Alec Appelbaum

Bruce Ratner makes a cameo appearance in this Daily Intel piece on New York State's woeful fiscal woes (but he doesn't make the cut as a "super-friend").

Governor Paterson sat alone when he confessed the state's miserable financial condition yesterday, but he can't begin to fix the mess that way. Who really thinks the hog-tied State Legislature will solve the problem it created? The speech served as a Bat signal to stir powerful New Yorkers who can put the governor's urgent message into play. We've compiled a short list of possible super-friends.
...

Douglas Durst is a model developer for public-private partnerships. While Bruce Ratner probably has his calendar full with bended-knee visits to potential lenders and tenants, and other powerful developers are terrified about paying back existing loans, the civic-minded Durst is doing well enough — he can lean on a solid base of busy buildings — to step up.

article

NoLandGrab: Since Bruce's public-private "partnerships" are usually one-way streets (guess which way the benefits flow), we're glad he's not a super-friend. He remains, however, super in another away.

Posted by eric at July 31, 2008 9:52 AM