EDC and PUBLIC-PRIVATE Partnerships

Excerpts from an article in: The Red Hook Star Review, Feb 25, 2015,

Are the Red Hook Cranes headed to Sunset Park, by George Fiala
The Daily News reported “The city’s economic development czar is furious.” Kimball was quoted saying, “This is going to send a chilling message to potential operators that Sunset Park may not be open for business.”

He seemed to doubt that [Council Member] Menchaca had the knowledge to do his job. Kimball was again quoted in the Daily News: “Sitting across the table it was clear that he didn’t understand what was happening here and he overplayed his hand.”

Menchaca in fact did his homework, and asked pertinent and probing questions, while acting as an honest broker for his constituents.”

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Public vs. Private: In Praise of the Taxpaying Patron

An opinion article by Paul Gunther in Architizer, Feb. 2, 2015
“… As New York’s Economic Development Corporation (NYCEDC, a government-backed nonprofit business incubator now common across the country) advances the Howard Hughes Corporation’s controlling redevelopment of the South Street Seaport Historic District, the reality of this underpublicized partnership model merits attention.”

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