The state Public Authorities Control Board has voted to buy the Farley Post Office for $230 million and change–with some of that being provided by a loan.
This was exactly what Assembly Speaker Sheldon Silver wanted to do last fall, but which Gov. Pataki resisted, since it meant that the state would Read More
I don’t see anything up on the wires yet, but WNYC is reporting that the Public Authorities Control Board (that is, Shelly Silver) approved the Atlantic Yards project. As expected.
–Andrew Rice
The KPMG report that may explain how much money Atlantic Yards will make the state–and whatever happened to the missing half-billion dollars–is now in state Assembly Speaker Sheldon Silver’s hands.
Jessica Copen, a spokeswoman for the Empire State Development Corporation, said the report, which has not been distributed publicly (nor even Read More
NY1 is reporting that state Assembly Speaker Sheldon Silver will not give final approval to the Atlantic Yards project before the next Governor comes into office on Jan. 1. Silver controls one of the three votes on the state Public Authorities Control Board, which is set to meet on Wednesday for the last Read More
Opponents of the Atlantic Yards project are tossing down a loud gauntlet on Monday afternoon. They will gather at City Hall at 1 p.m. to urge the state Public Authorities Control Board to refrain from voting on the project at its next meeting this Wednesday.
The board could end up having the final say Read More
Mixed into crowd of protesters asking lawmakers to delay a vote on the the Atlantic Yards project was former Congressional candidate (and possible borough presidential candidate) Chris Owens.
While a number of speakers at the demonstration focused on the narrow issue of whether approval from the Public Authorities Control Board could take Read More
Silver – one of the three men in a room.
Develop Don’t Destroy Brooklyn has collected 3,600 form letters, online and on the street, urging the Public Authorities Control Board to postpone its vote on Atlantic Yards until after “the courts” rule on its eminent domain lawsuit — which, frankly, could Read More
Mark it on your calendars: 10 a.m., Dec. 8. The Empire State Development Corporation just scheduled its next meeting for then, at which time the board is expected to approve the Atlantic Yards project.
It then goes to the state Public Authorities Control Board.
- Matthew Schuerman
Assembly Speaker Sheldon Silver this morning offered what he called a compromise on Moynihan Station: spend the $100 million or so to buy the Farley Post Office from the Feds before the option expires, and figure out the whole scheme later. Will Gov. Pataki bite? The Public Authorities Control Board is supposed to meet Read More
