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February 13, 2009
Atlantic Yards Is Grovel-Ready
Develop Don't Destroy Brooklyn
Channeling both Sarah Palin and Barack Obama, Brooklyn Borough President Markowitz gave his "State of the Borough" address last night and of course cheered for his favorite boondoggle:
Markowitz also used the state of the borough address to push for a project that's near and dear to his heart - the controversial Atlantic Yards development.
While lawsuits and the financial crisis have slowed down construction, Markowitz is optimistic about the arena for the Nets and the housing being built along with it, hinting federal stimulus money may keep the project moving along.
"When it comes to ambitious shovel-ready projects, we say, 'Build baby build,'" said Markowitz. "Atlantic Yards? Yes we can, and yes we will."
Federal stimilus money for Atlantic Yards? Are you kidding?
NoLandGrab: Bruce Ratner's government cronies usually bail him out after one of his projects is built (city and state offices account for a large share of the tenancy both in MetroTech and the Atlantic Center), rather than before his not-so-ready shovel is even in the ground.
Posted by eric at February 13, 2009 1:47 PM