Now that we know that TDC is vying for a large slice of the Willets Point development isn't time to ask the question: With whose money is the company playing? This is not a rhetorical question because TDC-having been stymied in its Flushing Commons project at Muni Lot I is looking to Chinese investors to jump start its project.
We covered this-and the Flushing Times had the story: "Last July, the city approved TDC’s proposal to build Flushing Commons, a mixed-use project with a price tag of more than $800 million, in the space currently occupied by Municipal Lot 1 in downtown Flushing. But the company has yet to secure the funding it needs to move forward on the condominium-centric development. TDC has turned to Chinese investors and possibly breaking the project’s construction down into phases in hopes of getting a shovel into the ground soon."
So let's get this straight. The city is actually allowing a company that-as we said yesterday-was part of an illegal lobbying scheme to bid on a project that will displace American land owners, and do so with foreign money? Isn't it enough to violate Constitutionally protected property rights without adding insult to injury by outsourcing the land purchase?
AG Schneiderman, you're on the clock.