Professor Markowitz Teaches Econ 101

Brooklyn Borough President Marty Markowitz, über-cheerleader for Atlantic Yards, has reacted to this morning’s New York Times revelation about Atlantic Yards being behind schedule. His statement in its entirety:

“I am obviously disappointed that some key components of the Atlantic Yards project may not be completed on the timetable we had envisioned. But like Coney Island’s famous Cyclone, the economy goes up and it goes down—and I remain confident that Forest City Ratner, with its successful track record of development through all economic climates, will fulfill its vision of bringing the Nets, affordable housing, and a new city center to Downtown Brooklyn.”

Professor Markowitz Teaches Econ 101