Today’s news:

Ratner’s naked ploy

The Brooklyn Paper

To the list of the many wrong things that Bruce Ratner has done to steamroll public opposition to his Atlantic Yards mega-project — including playing the race card, creating fantasy tax-revenue projections, and saying that the basketball arena would be built with private money when it is in fact being financed entirely by taxpayers — we can now add his donation last month to a political committee controlled by Assembly Speaker Sheldon Silver.

True, the dollar amount of the donation — $58,200 — wouldn’t even qualify as beer money at the $4-billion Atlantic Yards poker game. But such unregulated, soft-money donations to party campaign committees underscore the ugly way business is conducted in New York State. The head of Common Cause/NY, a government watchdog, called such committees “slush funds” — pools of money that are controlled and dispensed by party bosses like Silver.

Silver, of course, holds virtually all of Albany’s cards — and even though he played a role in the 2006 state approval of Atlantic Yards, the legislature still has not formalized any of the tax-abatement, bonding or subsidy agreements that Ratner desperately needs to make a government-insured profit on a project that the free market has already turned against.

Hence, Ratner’s timely donation.

For years, Ratner had not made political contributions because, he said, they created the appearance that he was buying off legislators for project approvals and the large tax subsidies he has enjoyed.

Making contributions “was getting him into trouble because every time he won a project, people would say it was because he gave money,” Ratner’s friend, the former Parks Commissioner Henry Stern, told Newsday in 2004.

Instead, Ratner has spent his money in a different, old-fashioned way: through courting cronies and pals, including then-Gov. Pataki, his former law school classmate, with direct lobbying.

Indeed, Ratner spent $2 million on lobbying during the year that Atlantic Yards was going through the state approval process — a large increase from his normal annual expenditures to influence our elected representatives in Albany.

Ratner’s spokesman offered only a “No comment” when a Brooklyn Paper reporter inquired about the developer’s return to the pay-to-play game. But in this case, no comment is necessary. Donations like these speak for themselves.

Is it any wonder, for example, that real-estate industry executives funneled unprecedented amounts of cash to City Council candidates in the weeks before tighter city campaign finance restrictions went into effect on Feb. 2?

As the New York Times reported, leaders of the city’s top 25 real-estate firms have given $1 million to candidates for an election that is still 22 months away. At the same early stage four years ago, the same firms had given just $239,000.

Our state lawmakers have been lied to, manipulated and lobbied by Ratner’s machine. Now they’ve been paid off for their fine work.

Pin It
Print this story Permalink

Reader Feedback

Elsa from Windsor Terrace says:
Ratner, what took you so long? He's had the Beep in his pocket for years--in fact , pre-Beep days--ever wonder why Markowitz went from state senator to borough prez? And how quickly the "Atlantic Yards" materialized after he came back to Brooklyn?
Feb. 15, 2008, 9:41 am
Greg Todd from Crown Heights says:
It's bad enough that your paper refuses to cover the many issues occuring in our community. Worse yet, your relentless one-sided ad hominem attacks on Bruce Ratner threaten one of the few bright spots in this otherwise depressed community. I'm of course refering to Atlantic Yards and the thousands of jobs it's construction will generate. While you no doubt consider Ratner's community benefit agreement a self-serving, blatant publicity stunt, others, who actually stand to benefit from the agreement, have another view. Ask yourself: if the CBA is such a great tactic, why has no one else created one in NYC? No one else is hiring 30% minority/woman owned contractors, 100% union labor. These are pretty expensive ploys for someone who is fundementally a creep, as your paper relentlessly maintains.
Or is it just possible your paper is pandering to the huge nimby outcry against Atlantic Yards?
Time will tell, as always......
Feb. 15, 2008, 12:24 pm
al pankin from downtown says:
bruce ratner is a good businessman, silver is the boss. who wouldn't do the same thing? it's the american way....
Feb. 16, 2008, 8:19 am

Enter your comment below

By submitting this comment, you agree to the following terms:

You agree that you, and not or its affiliates, are fully responsible for the content that you post. You agree not to post any abusive, obscene, vulgar, slanderous, hateful, threatening or sexually-oriented material or any material that may violate applicable law; doing so may lead to the removal of your post and to your being permanently banned from posting to the site. You grant to the royalty-free, irrevocable, perpetual and fully sublicensable license to use, reproduce, modify, adapt, publish, translate, create derivative works from, distribute, perform and display such content in whole or in part world-wide and to incorporate it in other works in any form, media or technology now known or later developed.

First name
Last name
Your neighborhood
Email address
Daytime phone

Your letter must be signed and include all of the information requested above. (Only your name and neighborhood are published with the letter.) Letters should be as brief as possible; while they may discuss any topic of interest to our readers, priority will be given to letters that relate to stories covered by The Brooklyn Paper.

Letters will be edited at the sole discretion of the editor, may be published in whole or part in any media, and upon publication become the property of The Brooklyn Paper. The earlier in the week you send your letter, the better.