Another Delay at Atlantic Yards
Forest City is going to miss the June 30 deadline it initially agreed to for commencing work on the MTA train storage yard it is committed to building as part of its Atlantic Yards Project, according to the Wall Street Journal. “It’s more of the same,” said Democratic district leader Jo Anne Simon. The MTA…

Forest City is going to miss the June 30 deadline it initially agreed to for commencing work on the MTA train storage yard it is committed to building as part of its Atlantic Yards Project, according to the Wall Street Journal. “It’s more of the same,” said Democratic district leader Jo Anne Simon. The MTA doesn’t seem upset though. “From our perspective, very little is changing here,” said a spokesperson for the Transit Authority. FCR says it will break ground by the end of the year and still meet its 2016 deadline for completion. The Journal also reports that the developer is still hoping to break ground on its first residential building at the site, half of which would be affordable housing.
LIRR Faces New Delay: Brooklyn Train Yard [WSJ]
Photo from Atlantic Yards Webcam
AY Report:
“FCR has agreed to do $10 million of additional work in the interim, and the LIRR is using a temporary rail yard meanwhile.”
“If the new railyard costs $147 million and would take four years and three months to build, a $10 million expenditure over 18 months represents a slowdown in progress. Then again, presumably Forest City has spent a portion of the overall cost already.”
I’m going to guess they are trying to get the residential up asap due to booming housing market? Surely the cleaning railyard can wait, sez the Man.
Stay home then, troll