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December 21, 2009

Mayor says big projects will go forward in NYC in 2010

SILive.com

Mayor Michael Bloomberg said today that, going into 2010, major public and private projects are moving forward in the city despite the recession.

Here are his remarks as prepared for delivery on 1010 WINS News Radio:

"Great cities grow and change. And despite the lingering impact of the national recession, growth and change are reshaping New York - for the better.
...

And the proposed Atlantic Yards project at the heart of Brooklyn got a big vote of confidence last week from private investors, who snapped up more than $500 million worth of bonds for that housing and commercial development in just two hours time.

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Posted by eric at December 21, 2009 3:47 PM