Quote:
Originally Posted by You Need a Thneed
If you read the original article again, it goes into more detail on what the "hundreds of millions" covers - I.e. not just cleanup, but cleanup and infrastructure upgrades. I expanded further, with personal knowledge (from reading newspaper articles of the years), that the infrastructure upgrades included in that $325 million number include much more than what would normally be called infrastructure upgrades. I beleive it is the entire cost of the TIF plan for the East Village to date - which includes funding a portion of the NMC, a portion of the library, the 4th Street Underpass, the St Patrick's Bridge, etc. Just those 4 things is around $150 million (EV portions of the toal cost only), At least, IIRC.
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Fair enough, I was just interpreting that article that says the environmental remediation itself in East Village was hundreds of millions of dollars, and that the city councilor was saying that West Village would be significantly more for the remediation. Maybe they were talking about all the infrastructure like you're saying, that's not how it comes across. Sounds like you have more knowledge on it than I.
Anyways my original point is just that it's a really complex situation that will likely be a public/private partnership, like lots of large scale development ends up being, and looking at it with a black and white lens is oversimplification. In this case a poster (I think Tinordi?) was saying land = money, so giving away land is giving away tax payer money which he doesn't support. But this land has an anchor attached to it and if the city wants to develop it as part of their planning, then solutions can be quite complex.