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May 21, 2009
Bloomy to Bruce: Enough already
The Brooklyn Paper
By Mike McLaughlin
The city has already pledged $230 million for infrastructure and land-acquisition costs at the embattled arena and skyscraper [Atlantic Yards] project — but Bloomberg dashed Ratner’s hopes for more.
“We’ve done everything,” he said in response to a reporter’s question at his daily availability on Wednesday. “We’re going to have a tough time surviving balancing our budget.”
The mayor’s thriftiness is bad news for Forest City Ratner, which in recent months had been lobbying for more taxpayer aid from the city and state, and even for a share of the federal stimulus spending to help revive construction on the $4-billion complex in Prospect Heights, where work has been stalled since December because of the current financing crunch.
Posted by lumi at May 21, 2009 6:37 AM