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September 12, 2012
The Culture of Cheating: after Forest City claimed "We do not expect to ask for more subsidy," they started asking for more
Atlantic Yards Report
It wasn't a lie, but it sure doesn't look like forthrightness, either. Consider it part of the "culture of cheating" that pervades Atlantic Yards.
Let's go back to a July 2009 Q&A sponsored by the Empire State Development Corporation (ESDC), as a prelude to a public hearing on re-approval of the Atlantic Yards plan, and one of the few times Forest City Ratner executives have been subjected to challenging questions from the public.
"Has Forest City Ratner asked the city and/or state for additional subsidies, including 'extraordinary infrastructure costs'?" asked moderator Craig Hammerman, District Manager of Community Board 6, reading a question from the audience. "If so, how much and, to Forest City Ratner, do you anticipate asking for more subsidies?"
Posted by eric at September 12, 2012 11:39 AM