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The proposed Costco site on the West Side Highway between 59th and 61st Streets
Poor Extell Development. The big real estate development company hasn't been able to find many supporters for its plan to bring a 150,000-square-foot Costco superstore to the west side, despite an economic climate where shoppers need access to bulk cheese, egg rolls and frozen pizza. Writes a Sun reporter: "The council has already barred Wal-Mart from opening in the city, at a cost estimated in the millions of dollars in lost sales tax revenues. Now the Costco plan is shaping up as another test of the city's hospitality — or hostility — to business at a time when Wall Street is suffering and city and state officials are warning that the city and state budgets are facing deficits in the years ahead." Come on now, refusing Costco at a time like this would be downright un-American!
· Costco Eyes a Manhattan Site But Draws Political Opponents [NY Sun]