Because Mayor Bloomberg cares so deeply about public education, he's leasing the ball fields on Randall's Island to 20 elite private schools. This will buy them 80% of the use of these fields after school.
To ensure the city doesn't profit in any way whatsoever, Mayor Mike is paying 70 mil up front and letting them pay back 85 million over thirty years. Crazy Mike is practically giving those facilities away!
The city is improving 31 fields and creating 34 new ones for the ever-needy private school kids. On the bright side, since only 80% of the space is being leased, NYC's 1.1 million public school students will get to divide the remaining 20% amongst themselves.
No, you can't have more. Now be good little boys and girls and move to the back of the bus.
Thanks to Patrick
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