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Whoda Thunk It: Delays Cost Cash
By
Garth Johnston
Published Feb 26, 2006
Modified Mar 7, 2008
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By
Garth Johnston
Published Feb 26, 2006
Modified Mar 7, 2008
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$2.5 million a month.
That's how much Forest City Ratner officials are claiming that they are losing on their $3.5 billion Atlantic Yards project now that it has been brought to a "screeching halt" by the removal of state attorney David Paget from the project.
A judge said that Paget's conflict of interest (he represents Ratner in other matters) had a "severe and crippling appearance of impropriety. And it does sound like that to us. But still, we keep coming back to the idea of having $2.5 million dollars, let alone $2.5 million dollars to lose a month.
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