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April 5, 2011
Mike believes Atlantic Yards hoopla
NY Post
by Rich Calder and David Seifman
A confident Mayor Bloomberg insisted yesterday that the housing and commercial component of the $4.9 billion Atlantic Yards complex won't be scrapped, saying he was certain that developer Bruce Ratner is proceeding as planned.
"I talked to Bruce Ratner as late as 30 minutes ago, and let me tell you, he thinks his business is going very well out there and he's very optimistic about Atlantic Yards," Bloomberg said.
Recent Securities and Exchange Commission filings indicate everything but a new home for the New Jersey Nets may be scrapped, but Bloomberg said those types of filings are necessary because developers are required to spell out all potential problems for investors.
"It does say that the world could come to an end. And it might," the mayor said sarcastically.
"It does say everybody could give up watching basketball -- that's a possibility."
NoLandGrab: Obviously, the Mayor hasn't seen the Nets play, or he wouldn't joke about everybody giving up watching basketball.
Posted by eric at April 5, 2011 10:40 AM