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Bloomy to Bruce: Enough already

The Brooklyn Paper
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Mayor Bloomberg dealt Bruce Ratner a blow on Wednesday, saying that the city would not subsidize the Atlantic Yards project with additional public funds.

The city has already pledged $230 million for infrastructure and land-acquisition costs at the embattled arena and skyscraper project — but Bloomberg dashed Ratner’s hopes for more.

“We’ve done everything,” he said in response to a reporter’s question at his daily availability on Wednesday. “We’re going to have a tough time balancing our budget.”

The mayor did add that the city needs the project, but said, “We’re not putting money in. We’re going to invest our money in better schools and in safer streets and in better parks and everything else.”

The mayor’s thriftiness is bad news for Forest City Ratner, which in recent months had been lobbying for more taxpayer aid from the city and state to help revive construction on the $4-billion complex in Prospect Heights, where work has been stalled since December.

But Ratner, speaking at a “topping out” ceremony at his 80 DeKalb Avenue project, claimed he will start the basketball arena this fall.

“We don’t need anything more [from the city and state],” he said.

Updated 4:50 pm, May 21, 2009: Story was updated to add a comment from Bruce Ratner obtained at Thursday morning's event at another of his buildings.
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Reader Feedback

sid from Boerum Hill says:
Finally! Doctoroff is spinning...
May 21, 2009, 12:07 am
Rhywun from Bay Ridge says:
Something good comes out of the bad economy after all: no more tax dollars tucked into billionaire developers' pockets. Keep it up!
May 21, 2009, 8:44 am
anonymous says:
I love you Bloomy!
May 21, 2009, 10:27 am
Buddy 11210 from DUMBO says:
About time.
Now, on to parks...If he really believes in them let's hope Bloomberg will rethink his pro-condo stance/anti-recreational position on Brooklyn Bridge Park. We need year round recreation (not the fancy landscaping and profoundly dumb perched wetlands, spiral tidal pools and roped-off berms occupying more than half of the land that was supposed to be for ball fields, cultural programming, swimming, boating, ice skating...all gone from the current plan.) Private condos inside our public parks are a terrible idea - and thanks to Bloomy, have stymied the park plan for over 4 years. Let's get back to a real park without condos, shall we? Maybe then we might vote the guy back into office this fall. Maybe.
May 21, 2009, 12:05 pm
Tom from Prospect Heights says:
The plan should be shelved until the people need it, want it, and can afford it. Ratner's remaining money should be spent filling in the holes and repairing the destruction already done.
May 21, 2009, 12:44 pm
judah spechal from Bed-Stuy says:
Only in anti-development NYC can they celebrate protecting one rich dude condo at the detriment of affordable housing & jobs for people many may consider unemployable.
It goes to prove that the average America can controll things with the right publicist. DDDB is a joke, as are the rest of you nuts, who won't rest until you've turned Brooklyn into Mayberry.
May 21, 2009, 10:07 pm
brokeland from downtown says:
only in corrupt New York can a billionaire developer get control of 22 acres of public and private land at no cost to himself.
May 22, 2009, 4:51 pm
Sam Garner from Prospect Heights says:
What is up with the bike lane interrupted by Atlantic Yards, on Carlton avenue, now?
May 24, 2009, 6:04 pm
Judah Spechal from Bed-Stuy says:
This billionaire's comment is classic political spew from both side of his mouth
May 25, 2009, 2:21 pm
Oscar from Mayer says:
According to the NYT, Letitia James would rather develop Newark, NJ than see Atlantic Yards built.
I'm all for helping out a beleagured municipality. I'd like to start at home first. Build the damn thing! Build it for jobs, homes, conveniences and je ne sais quois. Most Brooklyn be ever modest?
June 2, 2009, 5:06 pm

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