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August 11, 2009
It came from the Blogosphere...
Hit & Run [Reason Magazine], Tough Months Ahead for Eminent Domain Abuser Bruce Ratner
There's no question that Atlantic Yards threatens to ruin a neighborhood (or two) while benefitting a private developer who has already received far too much corporate welfare from the city and the state—the centerpiece of the whole boondoggle is a new basketball arena for Ratner's Nets, after all. There's also the inconvenient fact that the allegedly cash-strapped Metropolitan Transit Authority (which just raised subway and bus fares) revised their 2006 sweetheart deal with Ratner into something even more generous.
2nd Ave. Sagas, Atlantic Terminal LIRR project due for fall completion
Benjamin Kabak provides an update on the status of the terminal in Bruce Ratner's mall.
For years, the LIRR entrance at the Atlantic Terminal has been shrouded in construction. While the Atlantic Terminal mall opened in 2004 with promises of a rebuilt LIRR entrance to follow, the project has been encumbered by seemingly never-ending delays. Shocking, I know.
Check the comments section for some Atlantic Yards talk.
Bleed Scarlet, Camp starts today
NJ State Senator Kevin O’Toole is
drafting a bill that would prohibit the use of tax dollars to help teams that don’t carry the New Jersey name.
The article focuses on the three teams still playing at the Meadowlands Sports Complex, but it’s easy to imagine that this bill is broad enough to target Rutgers and its athletic teams (or Seton Hall and others). I think it’s absurd that New Jersey gave away nearly $400 million dollars combined to the Giants and Jets to build their new stadium, and Bruce Ratner’s willful destruction of the Nets is the greatest present tragedy in professional sports. All three deserve to have targets on their backs. The proposal to bar giving the teams tax revenue is right for the wrong reasons. And speaking of one of my two least favorite people, the clock is ticking on his brazen theft.
NoLandGrab: He means Bruce Ratner and his Atlantic Yards land grab. The Nets have dropped the "New Jersey" name from their road jerseys.
Gothamist, Extra, Extra
Atlantic Yards developer Bruce Ratner is running around to get his project started: The NY Times reports Ratner has been busy getting ready to sell bonds, meeting with a Russian billionaire, and dealing with state and city agencies.
SmartBrief, Atlantic Yards development faces several hurdles
Posted by eric at August 11, 2009 9:02 AM