Gene Rusianoff, staff attorney for transit advocacy group the Straphangers Campaign, tells GlobeSt.com that he’s concerned that the MTA find the money it needs to fund its rebuilding program. “They need the dough,” Russianoff says. “They have a five-year rebuilding program and only funding for the first two years.” Russianoff’s main concern, he says, is that the organization not cheat itself on any property it sells. “We don’t think the MTA got a very good deal for the West Side Yards or the Atlantic Yards.”(Emphasis added)
Russianoff was using shorthand, but, as I wrote 3/29/11, actually, the Metropolitan Transportation Authority property, 8.5 acres, is called the Vanderbilt Yard.
By contrast, Atlantic Yards is the brand for a 22-acre site that includes formerly public streets, formerly private property, and some private property that neither the state nor developer Forest City Ratner controls.