Belmont Redevelopment’s Cost to Taxpayers Remains as Clear as Mud

Reinvent Albany submitted the following formal comments to Empire Statement Development (ESD) on its Draft Environmental Impact Statement (DEIS) in advance of hearings in Long Island on the Belmont Park Redevelopment Project. We believe the DEIS has failed to answer basic questions and that it remains clear as mud how much state taxpayers will have to pay in various forms to subsidize the private developer of the project. The impact to the MTA also remains murky, as ESD documents do not assign costs to the developer or the MTA.