2007, You Will Be a Busy Year for Big Development
It's on: The Times reports this New Year's Day that several recently approved projects will rumble seriously toward reality in 2007.
Approval or financing was given to a Second Avenue subway; an extension of the Flushing Line to the Far West Side; a spur to connect the Long Island Rail Road to Grand Central Terminal; financing for tens of thousands of apartments for low- and moderate-income residents; the Atlantic Yards complex near Downtown Brooklyn, which includes a new home for the basketball Nets; and even the bus-stop shelters and public toilets that New Yorkers and visitors have demanded for years.
The city's also pushing to jumpstart the Moynihan Station project, and to rezone parts of Harlem as well as Jamaica and Willets Point in Queens.
- Tom Acitelli
I guess now that all the small, medium and large developers have been going like crazy for a while now, the only chumps who are stupid enough to buy every developer promise are the politicians. And they love them big projects! They get to go to nice ribbon cutting ceremonies! The lucky sod!