Council Member James: departure of Cathie Black, along with Atlantic Yards, a sign of Bloomberg's "third-term curse"
(Gothamist noted that the blizzard actually happened at the end of last year.)
James was a leading critic of Bloomberg's effort to overturn term limits and engineer a third term.
Atlantic Yards a third-term curse?
James is not exactly shy in her rhetoric, and there's a good deal of media fatigue regarding Atlantic Yards, but there's reason to consider Atlantic Yards a third-term curse:
- the impact of delays and changes (like modular construction) on expected revenues
- Bloomberg's willingness to go to bat for Forest City Ratner's dubious effort to raise cheap money from immigrant investors seeking green cards