Tuesday Links

Manhattan Real Estate: ‘An Eventual Bargain’ [WSJ]
Goldman Sachs on Pace for Record Bonuses [Reuters]
Judge Blocks Penalty for Nonhybrid Cab Owners [NY Times]
Subway Rider Accidents Way Up [NY Daily News]
Rent Guidelines Board Votes Tonight [NY Daily News]
State on BQE Fix: Failure IS an Option [Brooklyn Paper]
Photo of Tobacco Warehouse by Atomische.

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The Goldman link is wrong but Goldman came out early yesterday and said there had never been any such meeting and nothing has been said about bonuses. Nothing is ever said about the bonuses until the year is coming to a close.

That said, more power to them if they have a good year. GS bottomed last November, far earlier than the market did in March of this year. It is up 150% from that November low and up 62% YTD.

Posted by: daveinbedstuy at June 23, 2009 8:41 AM

Ed McMahon died.

Posted by: Biff Champion at June 23, 2009 8:44 AM

The number of slip, trip and fall accidents reported by subway riders is up significantly - but transit officials don't know why.

There were 1,488 accidents with at least one straphanger claiming an injury in the first three months of the year - up from 1,244 all of last year.

"I don't know what's behind it," NYC Transit spokesman Paul Fleuranges said, adding the agency has run publicity campaigns instructing riders how to travel safely.

The agency pays tens of millions of dollars a year in injury suits, many claiming the agency failed to maintain stairs, platforms or other parts of the system. "

I'd say its a pretty simple way to get money through an injury suit, Mr. Fleuranges. That's what's behind it dummy.

Posted by: daveinbedstuy at June 23, 2009 8:47 AM

The BQE article:

I'd like to know why the Brooklyn Bridge Park team is interfering with plans to try to fix that awful section of the BQE?

Posted by: gemini10 at June 23, 2009 9:13 AM

link is fixed

Posted by: brownstoner at June 23, 2009 9:19 AM

Gem, go back and re-read the article. NYSDOT and Brooklyn Bridge Park are keeping each other informed of the status of their respective projects. How is that interferring? The park ought to be long done before the BQE construction, currently slated for 2017, begins.

Posted by: altervoce at June 23, 2009 9:45 AM

I don't know why everyone thinks thats such a bad section of the BQE, it seems to work ok. The worst parts are the Queens-bound section where you can exit to Hamilton or take the battery tunnel, alwyas a huge hold-up, and any attempt to get over the Koizsucko bridge (excuse my spelling).

Posted by: dittoburg at June 23, 2009 9:47 AM

Ditto - that curve is horrible - the lanes narrow and the trucks are flying by, all the while you have people trying to enter and trying to exit all within a 1/4 mile
it's poorly planned. Am trying to think of the stretch you are talking about.....

Alter - ok, perhaps I took it wrong.

Posted by: gemini10 at June 23, 2009 10:05 AM

I liked this quote from the WSJ article:

*
Greg Peters, global head of fixed income and economic research at Morgan Stanley, also predicts another 20 percent in New York City. “Brooklyn, I would have down 30 percent,” he said. “Although I would move to Brooklyn before Manhattan, actually.”

Posted by: 11217 at June 23, 2009 10:52 AM

Not all of those suits are spurious DIBS -- there are lots of very hazardous conditions in many stations. Check out the steps going down to the token booth area at Grand Army Plaza -- it looks like they were never finished and there's a big gap on either side of the middle railing. Very easy to get one's foot caught in there and fall. There are also crumbling and uneven stairways at many other stations, including Sterling St. by me.

Posted by: babs at June 23, 2009 2:14 PM

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June 23, 2009

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