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November 20, 2008
Bloomberg: Blank Check for Ratner, No Check for Homeowners
Develop Don't Destroy Brooklyn
Mayor Bloomberg has signed a blank check for Bruce Ratner.
But now, after his power grab, he won't sign the $400 homeowner tax rebate checks:
"We have no money. This isn't a legal issue; this is a fiscal issue,'' Bloomberg said at a Brooklyn news conference today. "Obviously, we're not going to send out checks, and we'll have to find a way to balance the budget.''
"We have no money," but the blank check to Ratner is still signed?
NoLandGrab: Look, we'd be the first to admit that curtailing the property-tax rebate in tough economic times might be wise, given the need for cash for the MTA, schools and myriad other critical areas. But until the city and state say, "hey, maybe we oughtn't be bailing out a money-hemorrhaging NBA team by subsidizing a billion-dollar basketball arena," we don't feel much like volunteering to play the sucker. So just give us our damned $400.
Posted by eric at November 20, 2008 4:17 PM