AUTHOR: A Kinloch TITLE: Iron Triangle: $3 Billion Makeover DATE: 10:44 PM ----- BODY:


$3 billion: that's the cost of turning the 60-acre Willets Point site, and the 250 or so businesses operating there, into a retail destination. This according to the President of New York City's Economic Development Corp., Robert Lieber, who's quoted in the NY Daily News today. Lieber also estimated public costs (or our taxes used to prep the site for the private developers) to be $100 to $200 million.

The city does not want to use eminent domain, Lieber said, but added, "[As] the mayor said on May 1, he's not going to let one person be the holdout for the good that's associated with so many other people."

No Land Grab had this to say on eminent domain and Willets Point: "Eminent domain is either on or off the table — to say it will only be used if the city can't make a deal with the property owners is coercive."

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----- COMMENT: AUTHOR:Anonymous India DATE:10:57 AM Um, this photo? Is incredible. It's the back of a Muffler Man, I take it? ----- COMMENT: AUTHOR:Blogger A Kinloch DATE:11:34 AM Hey India. Thanks!

It is indeed a real Muffler Man, one of my favourites. I'm not sure if the baby controls the man, or if it's simple ornamentation. ----- --------