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May 14, 2008

Bravo!

The Best Way To Develop Atlantic Yards & Hudson Yards

The Atlantic Yards and Hudson Yards sites are being developed in the wrong way: instead of selling them to mega-developers like Forest City Ratner and Tishman Speyer (who are both having trouble coming up with the cash), we should develop them the way New York was traditionally developed. That means platting the streets and blocks, and selling lots on those blocks. No eminent domain would be involved.

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