Gothamist
A non-profit newsroom, powered by WNYC.
Gothamist
Listen Live
News
Markowitz Wants To Join Ratner In China
By
Jaya Saxena
Published Oct 2, 2010
Modified Oct 2, 2010
Share
FacebookTwitterRedditEmail
Never miss a story
Email address
By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .
By
Jaya Saxena
Published Oct 2, 2010
Modified Oct 2, 2010
Share
FacebookTwitterRedditEmail
We rely on your support to make local news available to all
Make your contribution now and help Gothamist thrive in 2026. Donate today
Gothamist is funded by sponsors and member donations
As long as the city Conflicts of Interest Board gives him the go-ahead, Brooklyn Borough President Marty Markowitz will be accompanying Bruce Ratner to China to lure Atlantic Yards investors with the EB-5 visa program, which supplies investors with Green Cards if they invest $500,000 to $1 million in American projects. The all-expenses-paid trip would be funded by the New York City Regional Center LLC, and if there are no conflicts of interest, it will be the latest in the BPs free trips, including jaunts to Turkey and the Netherlands. But look at the fancy new renderings of the buildings they'll fund!
Markowitz spokeswoman Laura Sinagra told the Daily News, "Part of his role is to encourage investment in Brooklyn, and this program is designed to bring investors to the table for projects that create jobs...he obviously believes this project is worthy of investment, and is seeking guidance from the Conflicts of Interest Board on the possibility of accompanying the group." However, many are questioning whether the project, and looking for investors overseas, will really help create jobs in the city.
Ratner executive MaryAnne Gilmartin says just 100 people have been put to work at the site so far, but Ratner has promised 1,600 jobs a year if the project is completed in 10 years. However, he also said completion in 10 years is pretty improbable. Atlantic Yards critic Daniel Goldstein doesn't believe the investments will even help create jobs.
Tagged
Atlantic Yards
Bruce Ratner
marty markowitz
Jaya Saxena
Read more
Gothamist is funded by sponsors and member donations
Gothamist is funded by sponsors and member donations
MORE news
Mamdani says Trump will 'immediately' grant visa to Ghanaian mom of slain Bronx teen
Javits Frimpong, whose family is from Ghana, was walking to school Thursday morning when he was shot and killed.
By
Christian Santana
and
Giulia Heyward
Published Oct 31, 2026
Modified Oct 31, 2026 at 7:03 p.m. ET
Overflowing school in downtown Jersey City is hitting a crisis point, parents say
There aren't great options for relieving overcrowding at P.S. 16 in Paulus Hook. It's a consequence of a economic boom — and huge influx of residents.
By
Michael Sol Warren
News
Overflowing school in downtown Jersey City is hitting a crisis point, parents say
There aren't great options for relieving overcrowding at P.S. 16 in Paulus Hook. It's a consequence of a economic boom — and huge influx of residents.
By
Michael Sol Warren
Bronx e-bike fire that killed a boy has claimed 3 more lives, NYPD says
By
Amanda Rozon
Donald Trump looms over New York attorney general’s race
By
Jon Campbell
and
Walter Wuthmann
How formerly homeless New Yorkers are helping others get off the streets
By
Karen Yi
Never miss a story
Catch up on the most important headlines with a roundup of essential NYC stories, delivered to your inbox daily.
Sign upEmail address
By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .