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September 26, 2008

On the Edge

The Brooklyn Paper
By Gersh Kuntzman

This article talks about how Brooklynites are worried over the financial problems emanating from Wall Street. Included is this moment from the Brooklyn Chamber of Commerce's annual meeting when the new head of the ESDC, Marisa Lago, was introduced:

The Brooklyn Chamber of Commerce had the unfortunate luck to be holding its annual meeting on Wednesday, just as the full extent of the Wall Street collapse sank in.

At the St. Francis College podium in Brooklyn Heights, Chamber officials tried a little gallows humor.

When he introduced Marisa Lago, the new head of the state agency overseeing Atlantic Yards and Brooklyn Bridge Park, outgoing Chamber Chairman Dan Holt sarcastically said, “She probably couldn’t have picked a better time” to start that job.

article

NoLandGrab: Despite the financial difficulties, this could be a very good time for Marisa Lago to be starting a new position, if ESDC (whose job it is to encourage economic activity in the State) was to recognize that the proposed Atlantic Yards development will have little or no economic benefit for Brooklyn.

Posted by steve at September 26, 2008 4:55 AM