« It's all about cash flow: Ratner, according to report, pushing harder to sell part of Nets | Main | Wonders of Brooklyn - The Pyramid Scheme »

July 24, 2009

Updates re Wednesday's meeting: the evasion of public responsibility, the orchestrated disruption, and more

Atlantic Yards Report

I've updated and reorganized somewhat my post yesterday about the three-hour Atlantic Yards informational meeting held by Community Boards 2, 6, and 8.

Most importantly, a look back shows clearly how the public, which is supposed to comment next Wednesday and Thursday at the official public hearing, is not provided with essential information and will not get it during the comment period that ends at the end of August.

Notably, we weren't told--and won't be told--the total amount of subsidies required. We were told that the Empire State Development Corporation "constantly" updates its cost-benefit analysis--actually just an analysis of new revenue, without accounting for full costs--but that the analysis was not included in the 2009 Modified General Project Plan (GPP) issued last month.

We were told that new numbers may be provided to the ESDC board when it votes to approve the project in September. Whether or not that analysis emerges, if it updates the previous analysis, it will assume that the project will be built within a ten-year timetable (which is, of course, very unlikely).

No site plan or arena renderings will emerge before the project is approved.

article

Posted by eric at July 24, 2009 9:58 AM