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February 17, 2009

HOW SHOULD NEW YORK USE OUR $TIMULUS MONEY?

SouthOxford.com

NoLandGrab: Close watchers of the Atlantic Yards fight will note that the planned arena would be nominally publicly owned, and leased to the Nets for the annual sum of $1 — a neat accounting trick that also comes in handy when grandstanding in front of a judge. If there's such a thing as "implausible deniability," that would be it.

Posted by eric at February 17, 2009 3:05 PM