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June 24, 2009
It came from the Blogosphere...
More coverage in the blogosphere of this week's Atlantic Yards-MTA deal.
CityFile, Bailout in Brooklyn?
Under terms of a new deal that was revealed just this week (and goes to a vote tomorrow): Ratner will only have to pay the MTA $20 million upfront, and he'll get to spread out the other $80 million over the next 21 years.
kindlypogmothoin.com, What the fuck? No, really, what the fucking fuck?
We’re selling naming rights to subway stations now?
...
I might have known. The MTA and Forest City Ratner are awfully cozy these days. And the Times blithely rolls along with cute little gosh-that’s-a-mouthful jokes and largely uncritical coverage of the massive boondoggle that is Atlantic Yards.
NYPolitics.com, MTA Set To Approve New Atlantic Yards deals
The Metropolitan Transportation Authority agreed to let Atlantic Yards developer Forest City off the hook for some of its financial obligations in a bid to jumpstart the long-stalled Brooklyn project.
Posted by lumi at June 24, 2009 5:42 AM