Spinola: Bullshit!

Today, Matthew Schuerman files a story on the Observer’s Website taking a look at how the MTA board ended up making their decision. Though Kalikow & Co. kept claiming that it all came down to the bottom line (Cablevision offered more money upfront – $400 million to the Jets’ $210 million), in the end, the board took other things into considereration such as jobs created and the mayor’s promise to spend $2 billion to extend the 7 train.

The pullquote has to be Real Estate Board prez Steven Spinola’s assessment of the Cablevision offer: “Bullshit. And you can quote me.”

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