tag:blogger.com,1999:blog-6850750806594927202.post6961447449645269119..comments2023-10-30T05:45:18.219-04:00Comments on Bronx News Network: Bronx News Roundup, August 28Bronx News Networkhttp://www.blogger.com/profile/03022201181076163457noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6850750806594927202.post-28390972270397700202009-08-29T12:37:39.976-04:002009-08-29T12:37:39.976-04:00Pedro Espada brings a lot of baggage with him. Nob...Pedro Espada brings a lot of baggage with him. Nobody should be surprised that his health care empire might owe close to a million dollars in unpaid taxes. Fiscal rsponsibility has not been one of his strong points. His first attempt to feed at the trough of public money was his unsuccessful bid to steer millions to two groups outside his district, recently formed to receive this money and consisting of people with ties to his health center. <br /><br />By the way. What is the status of the Bronx D.A. office's investigation into his residency which requires him to actually live in his district once elected and to have lived in it at least one year prior to his election?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6850750806594927202.post-4122546823239211342009-08-28T15:51:34.832-04:002009-08-28T15:51:34.832-04:00John Petro identifies himself as an analyst in his...John Petro identifies himself as an analyst in his piece about the Armory, so I was disappointed to find that he was only offering general opinions. That seems a little misleading, and may give people a false sense of certainty instead of helping to clarify a complex set of issues.<br /><br />I was hoping he had done some actual analysis! (What are the additional costs for the developer/manager to restore and maintain a historic landmark? What is the market demand and what are the competing sites? What does the City save by shedding its maintenance responsibilities for the Armory? etc.). <br /><br />Unfortunately, his article did nothing to provide a basis for understanding what the developer could realistically require from retail tenants without bankrupting the project.<br /><br />There's nothing wrong with offering an opinion, and I think most people would agree with him in principle. Still, more analysis to help us understand the real potential revenue and likely constraints would help everyone. It would seem especially helpful when an author identifies himself as an analyst!Jay Shuffieldnoreply@blogger.com