ay-rendering-122309.jpgIt feels kinda anti-climactic, but after six years of public conflict, lack of transparency and backroom dealing, the Atlantic Yards deal has closed. This means that the both the bond deal and the real estate transaction involving Forest City, ESDC, the MTA and the City of New York have been signed. Curbed has posted a full-length version of the press release, but here’s what Bruce himself had to say: Today, what has long been a vision for the future of Brooklyn becomes a reality. Six years after we announced our plan for Atlantic Yards we are very pleased to be closing on the project with our public partners. Today’s closing represents a vital step forward for New York City, one that is all the more important because of the economic challenges our City faces. The jobs we are creating today, as we set forth on the arena and one of the boldest affordable housing initiatives in our City’s history, will create a new dynamic center in this wonderful borough. We’re sure others will have some choice words on the subject in the upcoming hours and days.


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  1. Isn’t there another lawsuit pending? At this point the judges probably just roll their eyes at yet another anti-development grievance from this site. Same as Brooklyn Bridge Park where organizations have been formed to actually fight agaisnt the construction of a public waterfront park! Truly unbelievable. Being unhappy makes so many people happy.

  2. Maybe DDDB should start fighting the Broadway Triangle Eminent Domain situation? Oh wait, its not in….their….back…yard.

    I am actually not looking forward to the construction and traffic around that area, and will this do my best to avoid it for a while. Now that it is a done deal I hope its “done right”…..I will believe it when I see it, though.

  3. Thank God. It’s about time…now hopefully DDDB (Destroy Don’t Develop Brooklyn) will go away for good…although somehow I think they will still be filing frivolous lawsuits by the time LeBron is dunking on people at the Barclays Center. The 20-teens will be the decade of Brooklyn (just as the 1990’s were the decade of Manhattan)

  4. Finally. I hope DG will lose his shirt on that stupid condo. We could have had something way more interesting if the project wasn’t stalled for so frigging long.

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