Once believed to be a cash cow for the city, the controversial Atlantic Yards Project could be a “money-loser.†A study by the Independent Budget Office finds the projected $25 million in revenues for the city will actually be a negative return on the city’s $205 million investment in the controversial, land-grabbing stadium complex. |NYDN|
Previous Post Next Post
Atlantic Yards Money Pit
By Will Sherman |
One Response to “Atlantic Yards Money Pit”
Leave a Reply
It is much harder than ever to stick with a good budget these days. Seems like the cost of living has gone up so much.