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February 17, 2009

ARENA price tag in half, not PROJECT

halfoff.gif Yesterday's Atlantic Yards Report article made the top of the list of The Real Deal's links, which, in ten words, managed to mangle the story.

In the original article, Norman Oder was pondering whether or not developer Bruce Ratner could manage to cut the ARENA price tag in half, while The Real Deal's headline went whole-hog, announcing that the "Price tag of Atlantic Yards might be cut in half."

It's amazing how casually misinformation can be generated, in the cut-and-paste era no less. No wonder we keep bumping into friends and acquaintances who assume the project is already dead.

Posted by lumi at February 17, 2009 5:04 AM