PATRICK GALLAHUE writes in the New York Post: “A plan to bring the Nets to Brooklyn will have to go through a competitive bidding process — much like the Jets stadium deal — before the MTA grants its air rights to developer Bruce Ratner…” Read more…
TIP:Captain Marvelous
PHOTO: Nothing like a blurry camphone pic to liven your day.
here
Unless this is just a ruse…finally some sanity! Here’s hoping we get some decent contextual proposals for the yards.
The article states, unfortunately, that no other developers will probably go for it since Ratner has already peed all over the area.
Time will shortly tell, eh? If I had the wherewithall, I’d go for it wholeheartedly just to let him marinate in his own urine, as it were…. There are SO MANY excellent things that are truly beneficial to PH and surrounding areas that could be done there, I challenge some clever developer to jump in!
FOLKS WE HAVE TILL JULY 6 TO FIND ANOTHER DEVELOPER TO BID ON THESE YARDS. IF ANYONE KNOWS OF ANY DEVELOPERS BE THEY INTERNATIONAL OR LOCAL PLEASE CONTACT DEVELOP DONT DESTROY BROOKLYN [email protected]
I’m not a banker, but is there not some way you could sell bonds to raise the money to invest in the area, and then truly the local people could “invest” .
DDDB thinks that they can find a developer more powerful than Ratner, all in 42 days? Ha! Ha! This personifies the phrase, “wait until the last minute”.
Jack, you do understand that DDDB is not initiating a search or trying to drum up a competitor, don’t you? Only asking if anyone knows anything. Jeez.
And it’s the MTA that’s waited this long, I believe they now HAVE to open a bidding process because of public dissent and taxpayers deeply unwilling to pay for Ratners Folly. Just like the West side scam, which is now deep in litagation for not taking the highest bidder over the Mayor’s favorite.
If saying that “we have to find a developer” and then asking interested parties to contact them directly is not trying to drum up a competitor, then I don’t know what is.
It will be interesting what Ratner will bid for the yards. If his schnorring past is any indication, any amount that he bids will be dependent on obtaining tax free bonds. Basically, it will be a bid that represents no out of pocket expenses. Ratner is the ultimate sycophant of Brooklyn not much different than Markowitz.
RIGGED.
RIGGED.
RIGGED.
and RIGGED again.
Nets Arena Plan Stuffed
I don’t know how I missed this, but yesterday’s New York Post reported that the MTA was going to have open bidding on the Atlantic Yards instead of fake negotiations with Forrest City/Ratner and the Nets.