The Times reports that financing has been secured for their new building in Times Square, but apparently it won’t be an extended journey on the government gravy train that funded the site acquisition (and this was a deal that raised truly bipartisan hackles, though of course the freepers couldn’t help but make jabs to the effect that liberals weren’t adequately outraged). Developer Bruce Ratner (who is busy buying some really expensive apartments in Brooklyn this week) had requested that the building be funded in part by Liberty Bonds, further proof that real estate developers would piss on any grave they can to make a buck, but was denied, forcing him to go elsewhere (GMAC, specifically). Now, you can attribute this to good government oversight, or wonder suspiciously if there was a little quid pro quo going on elsewhere.
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Porn and Liberty Bonds, both hard to come by in Times Square.
The Times reports that financing has been secured for their new building in Times Square, but apparently it won’t be an extended journey on the government gravy train that funded the site acquisition (and this was a deal that raised truly bipartisan hackles, though of course the freepers couldn’t help but make jabs to the effect that liberals weren’t adequately outraged). Developer Bruce Ratner (who is busy buying some really expensive apartments in Brooklyn this week) had requested that the building be funded in part by Liberty Bonds, further proof that real estate developers would piss on any grave they can to make a buck, but was denied, forcing him to go elsewhere (GMAC, specifically). Now, you can attribute this to good government oversight, or wonder suspiciously if there was a little quid pro quo going on elsewhere.