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November 30, 2009
Mayor vows NYC will go ahead with public works
Staten Island Advance
Mayor Bloomberg reaffirmed today that New York City would move ahead with a over $5 billion in key public works projects despite the recession.
Here is the text of his remarks as prepared for delivery on 1010 WINS News Radio:
..."And last week, New York state's highest court moved us closer to realizing a major piece of that future, with its 6-1 decision concerning Brooklyn's proposed Atlantic Yards development. The court's ruling was a long step forward for a project that will spur intensive investment in new offices, stores, and thousands of units of new housing. It will also produce a new Brooklyn home arena for the Nets professional basketball team. All told, Atlantic Yards is expected to create some 8,000 new permanent jobs in Brooklyn. More immediately, building it is also going to produce nearly 17,000 of the new union construction jobs that New Yorkers need."
NoLandGrab: "8,000 new permanent jobs?" That's a lie overestimate by several orders of magnitude. Even as originally planned, the project would create roughly 2,500 new jobs, if the office tower once dubbed "Miss Brooklyn" were erected. But even Bruce Ratner admits demand for Atlantic Yards office space is non-existent.
We've said it before, and we'll say it again: if Atlantic Yards is so terrific, why not just be honest about it?
Posted by eric at November 30, 2009 11:37 AM