Brooklyn Borough President Marty Markowitz has often gone that extra mile for Atlantic Yards developer Bruce Ratner--who can forget Markowitz's praise of the Ellerbe Becket "hangar" arena design?--but now he's willing to fly to China.Yes, even though Markowitz isn't talking, a spokeswoman confirmed that the Borough President plans to join the developer on a trip to China next month to sell Chinese investors on the EB-5 visa program, which offers green cards to investors who put $500,000 into a fund that creates ten direct or indirect jobs, or retains ten jobs.
(Markowitz's picture, along with that of other project principals, appears at right on a website flacking the project set up by Kunpeng International.)
COIB ruling
However, the trip is not certain, as a ruling from the city's Conflicts of Interests Board is awaited, spokeswoman Laura Sinagra told me tonight, after a meeting at Borough Hall regarding the Barclays Center arena plaza.
Who's paying Marty's way?
Would taxpayers pay Markowitz's way? Would Forest City Ratner? Would Markowitz's Best of Brooklyn charity?
(Updated 4:18 pm Sept. 30) No, it would be the entrepreneurs behind the New York City Regional Center, who include Paul Levinsohn, once known as one of the "Billboard Boys" for his involvement in a sketchy but legal scheme.
Either way, I've raised questions about whether the "jobs for green cards" program would actually create jobs or simply help out a developer seeking low-cost financing.Sinagra, though reluctant to talk about the issue, was more forthcoming than Markowitz, who refused to answer any questions about the trip or his support for the EB-5 program.
(When I posed questions last week, Markowitz's office responded with a "no comment.")
A nine-city tour to potential investors begins October 11 and ends November 5.
(Updated) The Post reports:
ESDC role
(Updated) The Post reports:
A spokeswoman for Peter Davidson, Gov. Paterson’s economic development czar, confirmed Davidson is heading to the China-based recruiting sessions on the state’s behalf, saying that “there has been developing interest from China” in helping fund Atlantic Yards.

"Forget it, Jake. It's Chinatown". . . "Go home."
ReplyDeleteTuesday, November 4, 2008
Remembering; Not Forgetting in Chinatown
Is this Chinatown?
http://noticingnewyork.blogspot.com/2008/11/remembering-not-forgetting-in-chinatown.html