Posts Tagged MLB
Game Being Played by Larry Dolan and Gateway
Posted by Roldo Bartimole in Economic Development, Media, People, Politicians on May 20, 2010
May 20, 2010… It was a pleasure to see The Plain Dealer’s front page today. The PD for the first time in my memory asked a question that needed to be asked: “If Progressive Field needs improvements, who will pay the bill?” It was played prominently on Page One.
If there is any other board that needs PD probing besides the Port Authority it is the Gateway Economic Development Corp., the entity Cuyahoga County set up to own and operate the baseball field and the basketball arena (Progressive Field and the Quicken Arena).
It too has operated in vacuum, unwatched and unattended.
The answers to question about the so-called improvement at the baseball field are evasive both from the Cleveland Indians and from Gateway. True to standard.
Here’s what Indians PR spokesperson Bob DiBiasio said about the big but undisclosed plans, “We’re not there yet. It’s not a question that needs to be asked yet.”
Doesn’t need to be answered? That is strict PR bullshit from someone who never gets challenged by the news media. A happy face he has but not a trustful one for me. If you believe him on this one I have some special mortgage bonds to sell you.
“The Indians have not made any requests for alterations or payments,” was the answer from Gateway’s top operating official Todd Greathouse. Equally evasive. But not unexpected.
Don’t you think that the owner – Gateway – might want to inquire and have that information, especially when it has been in Crain’s Cleveland Business, online in my posts and now in the PD? And it could cost you millions of dollars? Oh why get testy.
It’s the disgusting proof – long tradition – that the owner are not in control of their facilities. The tenants are.
The question is WHO WILL PAY – THE TEAM OR THE PUBLIC?
Let me tell you. You will pay.
The PD – and I hope this ends the marriage the paper has had with Gateway – has been wed to Gateway and its desires from the beginning.
But the writing was on the wall.
Here’s what I wrote in the City News in April 2005:
“Gateway Economic Development Corp. Chairman Bill Reidy let it drop quietly, almost nonchalantly, during a non-eventful quarterly meeting a week ago.
“Reidy said that ‘the city and county would have to step in’ and put up money for Gateway’s capital fund when major repairs are necessary at Jacobs Field and Gund Arena (the original names for the two facilities
“What?” I wrote. Did I hear that right?
“Haven’t taxpayers paid enough for Gateway? Now Reidy wants the taxpayers to dig into their pockets for possibly hundreds of thousands of dollar in capital expenses that Gateway should have been putting aside itself,” I continued.
“Gateway, however, can’t put money aside because it has never charged the teams enough to maintain Jacobs Field and Gund Arena,” I went on.
“What’s so upsetting about this is that at that same meeting new representatives from the city – Chris Ronayne, Mayor Jane Campbell’s chief of staff – and Dennis Madden –Cuyahoga County Administrator – said nothing about this raid on their respective treasuries.” Somebody wake up our officials.
Let me tell you what I expect is happening.
Larry Dolan – and I expect Dan Gilbert won’t be far behind – has set in motion “improvements” at Progressive that will cost in the millions of dollars.
It will take some time.
But there will be money around. The sin tax extension of 10 years has a stipulation that the revenue up to $116 million will go to help pay for Browns Stadium for the City of Cleveland. However, once that total is reached the money – some $68 million had been the estimate – will go to the County. The tax has raised $94.3 million. So it’s not far from the $116 and is coming in at some $13 million a year.
The new money is not to go to Gateway. It is supposed to go to the County general fund. Where it is needed, I might add.
Watch County officials for the rest of this year. They must not be allowed to make any revisions that would send this money to Gateway.
At the time of the Reidy statement, I quoted a County official and wrote:
“’This is our money,’ said a County official. He went on to say, the County has paid an extra $100 million on other bonds and has to continue to paying. Now, it should derive the benefit from the 10 extra years of the sin tax, he said.”
So that’s the game – using more public dollars to boost the revenue of the teams.
My other suspicion, Dolan will use the improvement to help the revenue for the team and make it more valuable for sale purposes. Forbes in assessing the value of MLB teams puts the Indians at $391 million team value. Dolan bought the team for $323 from Dick Jacobs.
Do you think we ought to put a Dolan in as the County Chief executive to help rule whether the Cleveland Indians should get a helping of that $68 million coming due.” Matt Dolan has moved into Cuyahoga County to run for chief executive. Who would he represent in such a deal – his family or county taxpayers?
I think I know the answer.
My question is whether the Plain Dealer will deal with this money grab honestly. I hope so. But the PD’s record on this score is about as good as guys named Hagan, Dimora and Russo.
Here is the PD story:
Here was my take on the improvement deal: click here.
Dodger Move & Ratner Arrival… Which Worse, Brooklyn?
Posted by Roldo Bartimole in Economic Development on March 1, 2010
March 1, 2010… The departure of the Brooklyn Dodgers was a blow to the people of Brooklyn, N.Y. but the arrival of a Ratner might be more devastating to Brooklyn citizens.
Here’s why:
Judge Grants New York State Right to Steal Homes By
Eminent Domain for Bruce Ratner’s Atlantic Yards Boondoggle
Outstanding Legal Issues Still Plague Atlantic Yards
Brooklyn, New York—A Brooklyn Supreme Court judge today, in an 80-page ruling, granted the Empire State Development Corporation’s petition to take title ownership of the private properties—homes and businesses—in the footprint of developer Bruce Ratner’s $5 billion Atlantic Yards boondoggle. The project consists of a proposed $1 billion money-losing arena and purportedly 15 skyscrapers though there are no renderings or models of anything other than the arena.
The property owners and tenants fighting for their rights will be considering all of their legal options in light of today’s ruling.
“Several overarching legal and financial issues still plague Ratner’s Atlantic Yards project, meaning today’s extreme measure by New York State to seize ownership of private property is premature,” said Develop Don’t Destroy Brooklyn legal director Candace Carponter. “There are two pending cases, one just completed briefing, and the other is awaiting a judicial ruling. Either would stop Atlantic Yards dead in its tracks and could impact today’s ruling.”
“Today is a very sad day to be a Brooklynite. Our state government, long mired in corruption and scandal, has bent over backwards to give Bruce Ratner whatever he wants, including my home, and the homes of other citizens. I am angry with our so-called political leaders who proudly stand by their abuse of power,” said Daniel Goldstein a spokesman for Develop Don’t Destroy Brooklyn and a homeowner targeted by New York’s abuse of eminent domain for Ratner’s benefit. “When the most powerful forces in state government collude with the real estate industry, injustices will happen, and today is a result of that.”
“But should we win or lose the fight against Atlantic Yards, there is a bright spot. We are on the road to overturning New York’s atrocious and abusive eminent domain laws. Senator Bill Perkins’ proposed legislation will bring much-needed reform to these laws that afford no meaningful protections to communities attacked by greedy developers and their political cronies.
The abuse of eminent domain must not happen again; Senator Perkins’ bill to redefine ‘blight’ and reform eminent domain must be passed.
I call on my fellow citizens and elected officials across the city and state who believe that government abuse of power must be reined in, that government theft of property on the slimmest of pretexts has got to stop, to actively support Senator Perkins’ bill.
And when it passes, it will be one of the legacies of the stance I and so many others have taken against the Atlantic Yards abuses, and the stand other citizens have taken in West Harlem, Willets Point, Downtown Brooklyn, East Harlem, Port Chester, Syracuse and so many other cities and neighborhoods across the State of New York.”
The judge’s decision to transfer ownership of the properties to Bruce Ratner comes after more than six years of a long legal battle with owners and tenants opposing what most experts agree is an abuse of eminent domain in a state that has the worst eminent domain laws in the country.
A PRESS DISTRIBUTION BY DEVELOP DON’T DESTROY BROOKLYN