It could be the biggest thing to come to Atlantic Yards since Barbara Streisand and Justin Beiber announced they would be playing concerts at the Barclays Center this fall. While everyone (but the neighbors and former neighbors) is looking forward to the opening of the new arena, Forest City Ratner now has its eyes trained across the street, to the two malls it owns there.
Once work on the arena is complete, the difficult task of moving forward with the adjoining apartment buildings lies ahead. But as interest in the area’s retail has boomed in anticipation of the new 18,000-seat venue, Forest City Ratner has also accelerated plans to redevelop the Atlantic Center and Atlantic Terminal malls.
“It’s an obvious opportunity,” MaryAnne Gilmartin, Forest City’s executive vice president, told The Observer. “One of the many things we think about is the impact the arena will have, and how we can help create a holistic neighborhood at Atlantic Yards from there.” Read More