Wednesday, December 17, 2008

Waiting for corrections: Reuters article on MTA/AY claims $1 billion railyard deal

[Correction 7:45 a.m. Thursday: the MTA says the $1 billion refers to the entire capital plan, not just Atlantic Yards, and that Dellaverson was misquoted.]

Are we supposed to believe, in a Reuters article bizarrely headlined NY MTA: Still sees $1 bln from Brooklyn's Atlantic Yards:
  • that MTA Chief Financial Officer Gary Dellaverson knew what he was talking about when he said "We don't have any current concern with respect to the $1 billion" the agency expects from Forest City Ratner's Atlantic Yards plan?
  • that the Reuters reporter didn't know the purchase price for the Vanderbilt Yard is $100 million?
  • that the reporter thinks Atlantic Yards would "be built on one of the agency's rail yards"?
  • that the reporter didn't realize that the real story, which MTA officials wouldn't touch, is the Observer's scoop about Ratner trying to delay paying the money owed?

No comments:

Post a Comment