EDC Cash Clash: Is It Payback Time? (City Limits)

April 29th, 2010

Now that New York City’s comptroller has charged that the city’s development arm illegally withheld $125 million in revenues from the city treasury, does he actually have a shot at getting it back?

Comptroller John Liu’s finding that the Economic Development Corporation (EDC) had shortchanged the city treasury by $125 million raises the question of whether the comptroller can force the EDC to return the monies.

Asked at a telephone press briefing on Wednesday if he’d use his power to refuse to sign off on city contracts to compel EDC to pass the money along (EDC, though effectively a branch of the mayor’s office, is technically a non-profit corporation that contracts with the city to do economic development), Liu replied: “I hope it doesn’t need to get any further beyond this point,” adding: “We will use every authority we have in this office, and I imagine the mayor will do the same thing, to get that $125 million.”

It seems unlikely, however, that the mayor will have Liu’s back, since two mayoral agencies have already signed off on the EDC’s practice… [read more]

Rays Stadium Numbers: Do They Add Up? (Baseball Prospectus)

April 26th, 2010

A newspaper report claims the Tampa Bay Rays could reap $40 million a year in added revenue from a new stadium. Does it pass the smell test?

For those of you who read the Tampa Tribune religiously — and who doesn’t? — you no doubt saw the long piece yesterday running down everything that’s wrong with Tropicana Field. Among the complaints: The luxury boxes have obstructed views of flyballs, the catwalks get in the way (whether of flyballs or of watching them, the author doesn’t seem clear), and the food concessionnaire is crappy — which may be the first suggestion that a team should build a new stadium just to get out of a concessions contract since Tim Naehring declared Fenway Park to be obsolete for its lack of chef’s salads.

But the more interesting tidbit is one that’s almost brushed over in the article: Citing unnamed “experts,” the Trib claims that “without the amenities and attractions found at modern ballparks, the Tampa Bay Rays are missing out on a potential $40 million in additional revenue… [read more]

Welfare Reformer Becomes City Homeless Commissioner (City Limits)

April 19th, 2010

Mayor Bloomberg picks his top welfare policy aide to tackle homeless services. What you think of this likely depends on what you thought of his welfare policies:

City Hall announced a major shakeup in its top human services staff today, as Robert Hess, who has been Mayor Bloomberg’s commissioner of Homeless Services for the past four years, is leaving the job. Hess is taking a position at the Doe Fund, helping run its job training program for homeless individuals. His City Hall replacement: Seth Diamond, the longtime deputy commissioner of the Human Resources Administration (HRA) who’s helped formulate the city’s welfare and food stamps policies… [read more]

War of Words Heats Up Over Prokhorov’s Zimbabwegate (Village Voice)

April 13th, 2010

Can Mikhail Prokhorov’s business dealings with Zimbabwe derail his plan to buy the New Jersey Nets and move them to Brooklyn? Well, maybe:

It’s Day Three of the Great Zimbabwe Flap, and the rhetoric over a New Jersey Congressman’s challenge to Russian bazillionaire Mikhail Prokhorov’s purchase of the Nets is heating up. Prokhorov fired back at Rep. Bill Pascrell Jr. (D-My-Constituents-Don’t-Want-to-Drive-Through-Two-Tunnels-to-Watch-the-Nets-Lose) yesterday, calling the charges that he’d violated economic sanctions against Zimbabwean dictator Robert Mugabe “erroneous,” and saying that “we have no dealings whatsoever with companies or individuals on the sanctions list.”[read more]

Welfare Agency Job Boom: Quantity, Not Quality (City Limits)

April 12th, 2010

Ten-percent unemployment be damned, New York City is still successfully placing welfare recipients in jobs. But what kind of jobs?

The most remarkable thing about the job placement trend chart posted on the city Human Resources Administration website each month is what it doesn’t do.

Unlike so many other charts of economic indicators over the past two years, there is no post-Lehman plunge. Instead, the line—marking the number of city public assistance recipients who’ve reported finding at least half-time work each month over the past four years—bounces up and down, but is remarkably steady: The number of New Yorkers who left welfare for work in December 2009 was actually higher than in December 2006, when the city unemployment rate was a record low 4.3 percent… [read more]

For New York, Taxing Rich Could Be Lesser of Evils

April 9th, 2010

This article almost, but not quite, made it into a publication that shall remain nameless. Kill fee in hand, I now make it available to you here, free of charge.

On the scale of recent Albany misdeeds - Client 9, a legislator expelled for playing Freddy Krueger with his girlfriend’s face, rival state senate factions facing off with separate gavels - the state legislature missing its budget deadline last week wasn’t especially egregious. It wasn’t even novel: In all but two of the last 26 years, the budget has been late, making this a beloved New York tradition.

This year’s Albany stalemate, though, has higher stakes…

‘It’s Tough to Be Haitian, Isn’t It?’ (Extra!)

April 7th, 2010

With Haiti starting to drop out of the news again (despite continued problems there for earthquake survivors, not least of which is the rain), it’s an apropos time for my article to appear on how the media covered the Haitian earthquake and its aftermath:

One of the most striking images from the aftermath of Hurricane Katrina was of poor New Orleans residents crowded together outside that city’s convention center, days after the floodwaters had receded, chanting, “We want help!” It was a scene that shocked viewers and reporters alike, who had not realized that a major U.S. city could be home to so many people who lacked the economic means even to flee in the face of oncoming danger–though the promised national conversation about poverty that was supposed to result never really arrived (Extra!, 7-8/06).

Such images couldn’t help but come to mind in the aftermath of the January 12 7.0-magnitude earthquake in Haiti, where crushing poverty greatly worsened the devastation wrought in Port-au-Prince and surrounding towns. In TV news coverage, Haiti was described as “underdeveloped, overpopulated, and incredibly poor” (Nightline, 1/12/10), “extremely poor” (CBS Evening News, 1/12/10), “desperately poor” (CNN, 1/12/10) and, over and over, “the poorest country in the Western Hemisphere.” Reports focused particularly on the lack of building codes that had helped lead to such widespread destruction when the ground shook, and on the lack of government emergency services to rescue quake survivors and bring them supplies.

In many ways, the TV news coverage of Haiti paralleled the round-the-clock attention to Katrina–down to the ubiquitous presence of Anderson Cooper on CNN, asking why it was taking so long for aid to arrive. But if grinding poverty in New Orleans was seen as cause for outrage (however short-lived), in Haiti it was presented more as a natural state of affairs. …

The article is print-only (for the time being, at least), but you can find the latest copy of Extra! on newsstands, if you can still find any newsstands. Or drop them a line and ask how to send them $3.95 for a copy by mail.

Today Is Census Day! April Fools! (Village Voice/Runnin’ Scared)

April 1st, 2010

My adventures with the forces of demographic tabulation:

Unlike my colleague Jen Doll, I have not filled out my census form yet, for the simple reason that I haven’t received it. It’s possible that my upstairs neighbors have it, or that the local stray cats are using it as a litter box — since the Census Bureau helpfully addresses all mail to “Resident,” it’s not like anyone in a multiple-household dwelling can really lay claim to their own form.

If you, like me, awoke this morning with visions of landing in the Census hoosegow, rest assured: Just because today is the deadline for handing in census forms does not mean that today is actually the deadline for handing in census forms… [read more]

Red Bull Arena Opens, Provides Jolt to Frozen Fans (Village Voice/Runnin’ Scared)

March 28th, 2010

I went to a soccer game! Soccer match? Whatever, I went, and wrote about the experience and the New York Red Bulls’ new stadium (which is not, astute readers will notice, in New York):

The metro area’s soccer team named after an energy drink (the franchise is Red Bull New York, the team is the New York Red Bulls — if you think this is confusing, don’t even try to wrap your brain around the two competing Manchester Uniteds) held their first official league game at their brand-new stadium in Harrison, New Jersey, drawing a capacity crowd to the souffle by the Passaic. Your intrepid Voice reporter was on the scene, braving the frigid temperatures and a near-complete absence of familiarity with live soccer to see how the tristate’s latest new sports facility stacks up… [read more]

AP vs AP

March 23rd, 2010

The Associated Press today on the housing market and the economy:

BOSTON (AP) — Home sales in the Northeast rose in February as the economy showed signs of recovery, inspiring buyers. …

Nationwide, homes sales were up 8 percent from February a year ago, without adjusting for seasonal factors.

And the Associated Press today on the housing market and the economy:

Sales of existing homes fell for a third straight month in February, pushing sales down to the lowest level since last July. There is concern the fragile housing rebound is faltering, making it harder for the overall economy to recover.