SHOCKING! Bruce Ratner and Mike Bloomberg....

lied . from Atlantic Yards Report (do read in full, plenty of good stuff today - just when I thought things were getting quiet, Ratner lies surface, its kind of like a toxic site - some slime is always oozing to the surface):
Bloomy, Ratner both mislead

In other cases, however, the city and the developer clearly misled the public. Mayor Mike Bloomberg, in a 1/23/04 radio interview, claimed that the developer had to raise the entire project funding (then $2.5 billion) on his own:
Look, if you listen to every “but,” you would never do anything. “Well, this guy Ratner should do this, that, and the other thing.” He’s gotta raise $2.5 billion.

A 2004 flier (right) mailed by Forest City Ratner to Brooklynites promised that Atlantic Yards--the entire project--"will be funded primarily by private development dollars, and with a small portion of the very large new tax revenues generated by the project."