Thursday, May 24, 2007

Hey Ratner, Would You Like Us to Pay for Your Dry Cleaning Too?

DDDB informs us that projects like Atlantic Yards will increase OUR electric bills by 17%:
AY Will Increase Your Electric Bill. Shocking.

Hey New York, Atlantic Yards is going to increase your Con Edison bill. NY1 is reporting that at a state assembly hearing on a record Con Ed rate hike, ConEd officials said that big projects such as "Atlantic Yards" are necessitating a rate hike that will be at least 17%.



As mentioned the Mayor is making no serious investment in infrastructure. The law I believe, requires that power stations be within a certain distance from NY. So who is going to pay for the overflow Atlantic Yards effect? Can we imagine the mayor or the so called power-elite's properties being taken for eminent domain to build additional power stations? or absorb the health risks associated with living nearby them? The mayor and other backward thinking 'leaders' are still under the impression we must 'grow or die' which leaves me wondering when does growth kill us? Its obviously an unsustainable pattern unless of course we want a New York City of 30 million people (hey it's GREAT for the tax base!)
But again if projects like AY are increasing power costs why isn't RATNER paying for it? Oh, I forgot he gets a tax BREAK for increasing OUR electric bills.

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