Paterson Considers Leasing Thruway, Tappan Zee, Lottery
Jen Chung
Modified Oct 1, 2008
Governor David Paterson, who has been sounding the alarms over the state's budget, has created a commission to study leasing state assets to private contractors. The AP says that the state's "golf courses, the toll highway network, parks, beaches and bridges" would be fair game. And the state lottery is attractive enough to apparently garner, per the Post, "$4 billion up front to the state and $200 million a year after that for higher education." Paterson, who will get specific recommendations early next year (in time for his budget), said, "I believe the private sector can be a source of innovation, allowing us to increase the value, efficiency and safety of assets like our aging infrastructure system."
governor paterson
NY State asset leasing
public-private
Jen Chung co-created Gothamist in 2002 with Jake Dobkin, establishing it as a website about New York City and everything that happens in it and an essential must-read for New Yorkers. She also launched sites across the country and world, including DCist, LAist, and Londonist. She loves learning about NYC arcana and meeting bodega cats. She is currently Senior Editor of NYC Accountability in the Gothamist + WNYC newsroom.
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