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Originally Posted by ubertuber
If we ever wanted a 2nd ave subway or a waterfront redevelopment, the Olympics was the only realistic hope of getting them. We won't be able to fund those projects with city or even state dollars alone - and that's considering the need for new fare hikes and taxes for the subway as it is. Funding provided from the Federal level is the only way of seeing those projects done, and we neither need nor deserve that money without a reason like the Olympics. I think those two projects alone would have been worth the hassle (not to mention the pleasure) of being a host city.
As long as we're quoting the NY Times, I'll mention today's article that asks if we are even capable of doing anything big or grand here anymore. As for Assemblyman Silver, I saw just as many quotes from him saying things like "They thought they could do this project without me, and they found out they were wrong" as I did sound bites talking about Lower Manhattan. I think it was egos on both sides - Bloomberg and Silver. |
I don't think that it's mutually exclusive.
The redevelopment of the west side has been going on for the past decade starting with the rebuilding and restructuring of the West Side Highway after 72nd Street. The whole west side waterfront was not ready for any kind of development when I moved here in 1991. The east side is slowly following in that direction. Hopefully it won't take as long, but if it does, that's okay it got done.
As far as the subway is concerned that's a completely different ballgame. Personally I don't think that the 2nd ave subway will come to any fruition even with the sale of air rights. The MTA has proven time and time again in the decade that I've been following that they cannot use and allocate money well at all.
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