Remember that Crain's New York Business article this week quoting anonymous sources (presumably city officials) who said that critics mischaracterized the $105 million in infrastructure funding added to the city's initial $100 million subsidy:
Though listed under Atlantic Yards in the city budget, the work is not part of the development.
Well, Forest City Ratner's recently updated official Atlantic Yards FAQ doesn't make such fine distinctions, adding the city's $205 million to the state's $100 million subsidy.
Previous version
Even though the extra $105 million was added in early 2007, the FAQ was only recently updated. Here's the previous version:
Though listed under Atlantic Yards in the city budget, the work is not part of the development.
Well, Forest City Ratner's recently updated official Atlantic Yards FAQ doesn't make such fine distinctions, adding the city's $205 million to the state's $100 million subsidy.
Previous version
Even though the extra $105 million was added in early 2007, the FAQ was only recently updated. Here's the previous version:
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