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September 23, 2009
Answers About Michael R. Bloomberg
City Room [NYTimes.com]
Joyce Purnick, the author of “Mike Bloomberg: Money, Power, Politics,” plays oracle to SteveFtGreene's question about Atlantic Yards:
Question: Why does Mayor Bloomberg continue to support Atlantic Yards when the supposed public benefits, especially the affordable housing will not be available until decades in the future, or never?
Answer: His argument: Economic development is good for the economy. It puts people to work, it generates tax revenues so the city can build more moderately priced housing and spend on other services. That is what he would say if you asked him. Others, and not only opponents of the Atlantic Yards project, don’t see it that way, to put it mildly.
Posted by lumi at September 23, 2009 7:44 PM