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Re: Budget Concerns Threaten To Derail Fulton Transit Hub

Posted by SMAZ on Thu Jan 31 05:35:30 2008, in response to Re: Budget Concerns Threaten To Derail Fulton Transit Hub, posted by RonInBayside on Wed Jan 30 09:17:10 2008.

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This way they'll get a developer to put a new tower up and MTA will collect lease payments for the next 100 years. MTA will get all its money back eventually.

The business of the MTA is to bring quality mass transit service to its customers not to do real estate transactions. They may yet make money out of this fiasco but its an unneeded distraction from its core mission. There is something terribly wrong when a bunch of transit amateurs like those of us here on SubChat predicted this all along while the well-paid "professionals" at MTA got caught up in a vanity project. I guess the headline should read "FULTON STREET FAILS TO LAY AN EGG!"







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