DC ARENA BEST PLAN A POLLIN/JOHNSON COMPROMISE?
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).