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DC ARENA BEST PLAN A POLLIN/JOHNSON COMPROMISE?
Published November 28, 1994
In today's WASHINGTON POST, business columnist Rudolph Pyatt writes that "the best chance for building what has been termed a much-needed stimulus for downtown business and the District's economy lies in the creation of some type of partnership" between Bullets/Caps Owner Abe Pollin and BET President Robert Johnson. Pyatt calls the Pollin deal with the National Capital Development Corporation, which calls for the city to issue bonds for construction, a "greater risk at a time when city officials are desperately struggling to cuts costs and avert financial collapse." If business leaders are sincere in their desire for an arena, "perhaps they should bring Pollin and Johnson together in an attempt" to reach a compromise (WASHINGTON POST, 11/28).