The planned new Brooklyn basketball arena for the Nets now may not be ready until 2011, according to developer Forest City Ratner, as the company acknowledges that the time to build the structure may take it past its current completion goal of calendar year 2010.
The news was first spotted by Norman Oder at his Read More
Six weeks after the U.S. Supreme Court declined to hear their federal lawsuit, landowners fighting the use of eminent domain for the Atlantic Yards project in Brooklyn have filed another suit, this time in state court.
Opposition group Develop Don’t Destroy Brooklyn put out a release today announcing the lawsuit, filed Friday, Read More
The U.S. Supreme Court has declined to take up an appeal in the fight over Brooklyn’s Atlantic Yards project, putting to an end the federal lawsuit filed by landowners and tenants in late 2006 that challenged the state’s use of eminent domain for the mega-project.
The plaintiffs in the suit are now pledging to Read More
Much ado has been made about the Yankees’ desire to get another $350 million or so in tax-free bonds to finish their stadium.
Not to downplay the subsidy involved in tax-free bonds, but the press has been filled with rather misleading headlines and langauge suggesting that the team is asking for $400 Read More
Deputy Mayor Robert Lieber, speaking yesterday at a Crain’s breakfast forum, was asked whether he would be open to giving more city subsidies to Forest City Ratner’s more than $4 billion Atlantic Yards development in Brooklyn. His noncommittal response:
“We have not received any kinds of requests, formally, from Forest City Ratner Read More
Bruce Ratner is looking for a new name for the signature office tower in his $4 billion-plus Atlantic Yards project.
The Frank Gehry-designed tower was known as “Miss Brooklyn” until it was shrunk, redesigned and re-unveiled in April under a new, more staid moniker: “B1.” It turns out that that name, too, may change, Read More
The Municipal Art Society has launched a Web site and campaign critical of the proposed phasing for Brooklyn’s Atlantic Yards project, claiming the creation of parking lots in place of existing buildings will blight the area.
Because of the long time frame that will likely be needed to Read More
The notoriously press-shy Atlantic Yards developer Bruce Ratner is due to appear on NY1 tonight at 8:30, going one-on-one with reporter Budd Mishkin.
The folks at NY1 have sent us over a brief teaser quote from Mr. Ratner:
We need jobs, we need shopping that’s appropriate, and the right price and quality goods, Read More
Metropolitan Transportation Authority executive director Lee Sander seems a bit uncertain about the $100 million that developer Forest City Ratner owes the agency for Brooklyn’s Atlantic Yards project. He had this to say earlier this month in a capital program “webinar” (no, we don’t quite know what Read More
Last night, City Councilman and candidate for Brooklyn borough president, Bill de Blasio, called for a moratorium on demolition at the Atlantic Yards footprint until developer Bruce Ratner outlines “what will be built when and confirms affordability,” Brownstoner and Gowanus Lounge reported this morning.
Mr. de Blasio told a meeting Read More