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January 12, 2010
Today's news quiz: "Atlantic Yards project was not properly presented"
Atlantic Yards Report
The headline "Atlantic Yards project was not properly presented" refers to:
1) the Empire State Development Corporation's failure to have consultant AKRF do a market study (as contracted) of the Atlantic Yards footprint and environs and the failure to do a study of neighborhood conditions
2) Columnist George Will's scathing (if flawed) criticism (which made New York magazine's approval matrix) of the Empire State Development Corporation's finding of blight in the pursuit of eminent domain for Atlantic Yards
3) Forest City Enterprises CEO Chuck Ratner's complaint that columnist George Will didn't check with the company or elected officials before criticizing Atlantic Yards.
4) the Washington Post's willingness to print Ratner's letter without factchecking on jobs or other issues.
Answer: 3.
In Ratner family tradition, Chuck keeps on misrepresenting job creation estimates.
As for the jobs figures, the construction jobs are in job-years and the figure for permanent jobs is about double the state's estimate.
Posted by eric at January 12, 2010 10:22 AM