Hey look, the MSM covered this!
This gets confusing – this one is about the 126th street side, which is a different project from the mall which will be built on the existing Citi Field parking lot. So at that point even I am confused – are they building two malls right next to each other? Anyway, re 126th…
The project has required massive public subsidies: $250 million for 23 acres of land at the site; $35 million for sewer construction; more than $66 million for the construction of new highway ramps; almost $100 million in a grant of taxpayer funds to the Queens Development Group; $42 million in direct financial assistance to the developer-a total of $536 million ponied up by taxpayers.
The article (editorial?) is written by an engineer was hired by Willets Point United (great name for a soccer team) and his findings were that this project will cause local gridlock.
Definitely worth a read and a discussion.
