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TheGodfatherBaritone's avatar

The Bay Area has an easier version of this opportunity in the form of taking over federal waterfront property at Treasure Island and an old Army base in Oakland. They didn't even have to do hard engineering stuff like creating land where there is water.

SF took control of Treasure Island in 2010 and Oakland took control of the West Oakland base circa 1999.

Nothing has been done with either.

I think the viability of the NYC proposal really rests on this question: Do you know the name of your city councilman? That's not a non sequitur. We still live in a democracy and we all have the government we deserve.

https://www.sfgate.com/realestate/article/City-to-get-Treasure-Island-for-105-million-3206898.php

https://en.wikipedia.org/wiki/Oakland_Army_Base

David Roberts's avatar

I think this would be an incredibly exciting and energizing project. In addition to its tangible benefits, it would energize the city in all sorts of intangible ways.

Today, investors are willing to assign trillions of dollars of value to all sorts of dubious assets, but when something ambitious in the real world is proposed, most people scoff.

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