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April 16, 2009

Marty’s borough haul continues

The Brooklyn Paper
By Mike McLaughlin

Bruce Ratner and Barclays Bank continue to pour "thank you" money into Marty Markowitz's seaside concert series.

Not-for-profits controlled and created by Borough President Markowitz continue to rake in donations from companies who have benefitted from his support of controversial projects like Atlantic Yards and the cruise ship terminal in Red Hook.

The beep also continues to transfer hundreds of thousands of taxpayer dollars from his budget to Best of Brooklyn, a charity that Markowitz runs out of Borough Hall with staff members who are partially on the city payroll.
Forest City Ratner, the lead developer of the stalled Atlantic Yards mega-project, funneled up to $100,000 to another Markowitz-founded charity, the Martin Luther King Jr. Concert series in East Flatbush. That donation comes on top of earlier contributions from Forest City and other Atlantic Yards-tied organizations totaling between $680,000 and $1.075 million to Markowitz’s trifecta of charities.

Barclays Bank, which paid $400 million for naming rights to the proposed arena at Atlantic Yards, chipped in up to $60,000 for the concerts and has given as much as $100,000 in the last two years.


NoLandGrab: Though many Brooklynites enjoy the concerts, it's hard to believe that Ratner and Barclays would pour sponsorship money into the summer concert series if not for Markowitz's unflagging support for the megaproject.

Posted by lumi at April 16, 2009 6:26 AM