BREAKING NEWS FROM THE BROOKLYN PAPER: BLOOMBERG SLAMS RATNER

The Brooklyn Paper reports that Mayor Bloomberg doesn’t think Ratner needs he massive public subsidy handed to him
by the state Assembly last week. He
called for Gov. Spitzer to block the legislation.

In slamming the Assembly handout — which the mayor estimated would
cost taxpayers $300 million, not the $175 million originally estimated
by government watchdogs — Bloomberg has joined the chorus of advocates,
legislators and Atlantic Yards opponents condemning the amendment that
would give special treatment to the mega-developer.

“[The bill is] going to hurt the very people that everybody talks
about helping and gives some tax breaks to a developer that doesn’t
need them and which we didn’t have to do,” Bloomberg said on his weekly
WABC radio show on Friday morning. READ MORE AT THE BROOKLYN PAPER