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December 28, 2009
It came from the Blogosphere...
Brownstoner, Why Architecture Matters: Paul Goldberger and AY
The Leonard Lopate Show on WNYC on Christmas Day, was a rebroadcast of the original 11/17/09 show with New Yorker (and former NYT) architecture critic, Paul Goldberger. Speaking before the recent closing of the bond issue and property transfer (and erection of the arena propaganda, above), Goldberger went on record saying that he thought that AY “was, and is, a mistake”. He based that on his opinion that mega-projects don’t improve street life, and he hoped that the slowdown in the economy would give the project time for improvement, and the correction of mistakes.
NetsDaily, Trade Assets
Blogger NetIncome looks at the Nets' basketball future.
In a few weeks, Mikhail Prokhorov is expected to be approved as the Nets principal owner. He will own 80% of the Nets through his personal investment vehicle—Onexim. That’s a far higher percentage than Bruce Ratner currently owns. Ratner personally owns only 7% of the team. The biggest stake, 23%, is owned by Forest City Enterprises, controlled by Ratner’s Cleveland cousins. FCE ate all the Nets losses as well. So not only will Prokhorov have the money to invest in the Nets. He will also have the freedom to make deals without having to call anyone in Cleveland. It’s his baby.
Assuming he takes over by the Feb. 19 trade deadline, and assuming he wants to move before the off-season, what assets do the Nets have to do deals between now and then?
The Huffington Post, Alan Singer: Pet Peeves for the New Year
Borough President Marty Markowitz is the "clown prince" of Brooklyn. Turn him on, wind him up, and he talks about who knows what. He shows up at public functions dressed in costumes. No one knows what the Borough President is supposed to do or how this one got elected. What we do know is that he is smart enough to support development projects with companies like Forest City Ratner that will offer him a nice retainer when he leaves office.
Posted by eric at December 28, 2009 11:03 AM