Atlantic Yards Report

• Forest City Ratner says AY is not eligible for $55 million in federal tax credits

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  Well, like some other people, I'm still trying to figure out for what Forest City Enterprises got $55 million in federal tax credits, if it wasn't for Atlantic Yards.The New York Daily News today advanced (and muddied) the story today, with an article headlined Forest City Enterprises could get $55M [...]
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  Posted: November 04, 2009, 8:36pm EST
  by Norman Oder

• Does Marty Markowitz consider the Atlantic Yards arena his legacy? He says no, others say yes

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  While Brooklyn Borough President Marty "can’t wait to get the shovel in the ground" for the Atlantic Yards arena, according to the Courier-Life, he disavows it as his legacy:When asked about his legacy, Markowitz turned reflective, saying there is no legacy and he has no children.“When the lord calls me, [...]
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  Posted: November 04, 2009, 7:37pm EST
  by Norman Oder

• Times columnist sees how Bloomberg alienated Stuy Town residents; could a Thompson focus on AY have had an impact?

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  In a column today headlined What to Make of a Big Deal Gone Sour, New York Times columnist Jim Dwyer finds residents of Stuyvesant Town angry at Mayor Mike Bloomberg for his blase, let-the-market-work attitude toward residents vulnerable to loss of their apartments under new owner Tishman Speyer, whose principal [...]
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  Posted: November 04, 2009, 6:37am EST
  by Norman Oder

• Memo to Assemblyman Richard Brodsky: don't ignore PILOTs for the Atlantic Yards arena

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  Not that this will change the mind of Assemblyman Richard Brodsky, who looked into the dubious financing scheme for Yankee Stadium after the fact but hasn't seen fit to look into the Atlantic Yards arena before it goes forward, but DDDB's Daniel Goldstein sums up the case for doing so.' [...]
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  Posted: November 04, 2009, 1:37am EST
  by Norman Oder