Article: Bold ideas for Yankee Stadium, says Fruscher. (real estate executive Sandy Fruscher)

"It has been a decade since we have had any bold new ideas in New York. Our infrastructure is crumbling and aging; our budgets are as well. We need to know how to cut taxes and downsize, but not by hurting ourselves by cutting out the foundation of our City," said Former Cuomo advisor and Olympia & York Companies (USA) executive Sandy Fruscher warned a crowd of 400 real estate executives at the June luncheon of The Building Owners' and Managers' Association of Greater New York Inc. Meeting.

Fruscher cited the deficit at $1.2 million - a deficit, he stressed that "we wink at" but then give tax cuts. And the area impacted the most by the deficit is infrastructure. "It ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!