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August 11, 2011
Metro Tech BID takeover now complete
The Broolyn Blog [NYPost.com]
by Rich Calder
Just what Brooklynites have been clamoring for — more power consolidated in the greedy hands of Bruce Ratner.
It’s official! The public-private Downtown Brooklyn Partnership beginning August 15 will seize control the Metro Tech Business Improvement District.
...The Partnership, a development corporation created by Bloomberg to spur economic development in Downtown Brooklyn, will now manage the BID’s operations -- and its $2.6 million yearly budget raised through a neighborhood property tax -- ending more than two years of bickering by BID board members split over the plan.
A faction, including Aviles and top BID brass, had fought the Partnership plan despite pressure from City Hall and developer Forest City Ratner, which built Metro Tech’s office complex in the 1980s.
Posted by eric at August 11, 2011 9:44 AM