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Editorial See other Editorial Articles Title: ATLANTIC YARDS QUESTIONS (eminent domain) December 14, 2006 -- Imagine: a $4 billion shot in the arm for Brooklyn - bringing 22,000 new jobs over the next decade, another 5,000 permanent jobs and $5.6 billion in tax revenues over 30 years. Plus, 8 million square feet of space in some 16 new buildings designed by Frank Gehry - for apartments, offices, stores and a new hotel. There's more: Such as eight acres of open space and, best of all, a new arena to host the Nets basketball franchise. All in a long-moribund stretch of land just aching for revival. It's called Atlantic Yards, and it's slated to get a final go-ahead next week from the Public Authorities Control Board. There's no legitimate reason the board should not give the plan its OK. The PACB's voting members - Gov. Pataki, state Senate Majority Leader Joe Bruno and Assembly Speaker Sheldon Silver - are adept at finding bizarre reasons to quash such vital projects. But failure to bless this project would be unforgivable. After all, there's virtually no downside. Which is why - but for a handful of holdouts with personal stakes and misguided, ivory-tower, eminent-domain purists - there's little real opposition. Pataki, Bruno, Silver, Mayor Bloomberg and Gov.-elect Eliot Spitzer are ostensibly aboard. Yesterday, the MTA gave the project a green light, following a key vote of confidence by the state's Empire State Development Corp. board last Friday. Even the radical activist group ACORN has signed on. But this is New York, where pols are ready to hold their own noses hostage in the hopes of getting a better deal for their face. Along those lines, Silver is the biggest wild card. A shill for Cablevision (which hired his daughter and a former top aide and which gives him VIP treatment at Madison Square Garden, which it owns), Silver has blocked projects like the West Side stadium and Moynihan Station - both of which Cablevision opposed. Will Cablevision owners Jim and Charles Dolan instruct Silver to block the Nets arena, which they might see as competition for the Garden? Will Silver hold a gun to the baby's head to get whatever it is he wants? Will Atlantic Yards go down in defeat - for reasons that have nothing to do with the merits of the plan? Tune in next week. And keep your eyes on Silver.
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