« Hermann Park: a landscape jewel | Main | Backyard Gardens in Stereo »

October 11, 2008

Ratner Contributions Questioned

NetsDaily
NoLandGrab: A storm is brewing over at NetsDaily where a commenter makes the mistake of invoking Norman Oder's name, thus inviting himself to a thorough fact-checking:

Norman Oder says:

Since my name was invoked, I’ll agree that the project isn’t dead and, as I’ve written, if the tax-exempt bonds become available and legal challenges overcome *within a reasonable time*, Ratner certainly will build the arena.

By the same token, delay eventually will have its costs, given the effect on parent company Forest City Enterprises’ bottom line, especially if the stock continues to tank: http://atlanticyardsreport.blogspot.com/2008/10/forest-citys-tanking-stock-price-impact.html

We just don’t know their decision-making process.

link

Posted by amy at October 11, 2008 9:17 AM