Letitia James: FIELD OF SCHEMES

Tishmarty_brooklynusaorgLetitia James writes: "Recently
New York developer Bruce Ratner announced plans to build a 20,000 seat
basketball stadium and 17 skyscrapers in Brooklyn’s Prospect Heights.
This project depends on Ratner placing the winning bid for the New
Jersey Nets. However, it also depends on the condemnation of over 1,000
homes and businesses in Prospect Heights and a risky financing system
that is full of false hope."

"While
bringing the Nets to Brooklyn may sound like an intriguing idea, it has
troubling fiscal, social, and economic implications for New York City
as a whole."
"THE MYTH OF JOBS, RECREATION, AND HOUSING"
"Typically, backers of a new stadium promise it will bring jobs, jobs and more, jobs."
"Supporters
of this stadium project have been hypnotized by similar claims. The
reality is that Yankee stadium at 57,000 seats, which is double the
size of the proposed stadium in Brooklyn, only offers 65 full-time
positions. Any claim that this proposed stadium would provide for
significant and permanent employment is a pipe dream."

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