BREAKING: Judge Backs Eminent Domain Seizure at Yards
The Brooklyn Paper is reporting that State Supreme Court Justice Abraham Gerges this morning ruled against property owners in the footprint of the Barclays Center, paving the way for Forest City Ratner to begin construction on the controversial arena. In one fell swoop, the judge rejected 14 claims by the owners as being meritless. The…
The Brooklyn Paper is reporting that State Supreme Court Justice Abraham Gerges this morning ruled against property owners in the footprint of the Barclays Center, paving the way for Forest City Ratner to begin construction on the controversial arena. In one fell swoop, the judge rejected 14 claims by the owners as being meritless. The properties affected by the ruling include the home of Develop Don’t Destroy leader Daniel Goldstein, above.
Judge Rules Against Yards Property Owners [Brooklyn Paper]
CMU – Yes
Bxgrl – the issue isnt you wondering whether graft or corruption was involved in the project or even suggesting that Judges (in general or specifically with some evidence) may take bribes –
The issue is that you basically accused a specific SCt Justices of directly being corrupt – it is a slanderous accusation and IMHO quite inappropriate – not based on law or feelings regarding AY – but rather on a personal level.
Hi folks.
In my hotel room in Tel Aviv.
Two comments:
-DIBS’ Danny Boy parody made me laugh out loud in my hotel room.
-Tel Aviv women are smokin’ hot! Bruce should hire some as
Nets’ cheerleaders!
and i don’t believe anyone is guaranteeing his investment!
are those all the relevant data points cmu? or just the cherry picked ones?
if the argument is about cash of this deal vs the alternatives, then we don’t have even a small fraction of the needed information. just like the silly argument about the cost v look of park benches the other day.
ratner gave up 80% of his nba franchise to retain a piece of this deal and keep it alive, so it probably is a good deal for him, but it’s not like he’s putting nothing on the line.
what do you think a 5-56 franchise is worth? i’d say somewhere between 350-500 million.
dollars not rubles.
do the math:
> The 8.5 acre Vanderbilt Railyards were appraised at $214.5 million.
> In 2005, after a fixed bidding process, the MTA awarded the Yards to Ratner for $100 million, even though he was outbid by Extell’s $150 million.
> In Sept. 2009 the MTA reached a new agreement with Ratner where he pays only $20 million up front and $80 million over 22 years (if ever).
So you AY-supporters think this is OK?
I am a sore loser when it comes to fighting something when the deck is stacked against you before you even get started. I do question how the stars all aligned for Ratner despite everything. And you should be asking why that is too, denton. It’s not like Ratner is spending his money. He’s spending a hell of a lot of ours. Too many people in power rolled over for this deal- most visibly, the MTA. It sucks and we have a right to question why.
“Anyone ‘cheering’ for this is openly supporting corruption and outright stealing. ”
Mcar, can you please speak for yourself? Thank you.
What a buncha sore losers.
The judge got paid off. Ratner’s a thief. If only he would have done things the way we wanted to.
Get a judge to agree. Oh, I forgot, they’re all on the take. All of them.
Bring in the cranes, baby!
they play in izod center. in a recovering swamp. prucenter was an option, but newark is still not downtown bk. lots of places are 20 min from manhattan. most would not be an improvement over izod.
for your econ lesson of the day:
jersey city has nice rowhouses, right?
jersey city vs brownstone bklyn.
check out the ppsf.
the market/$$$ clearly has a preference.
lesson two of the day:
target atlantic center is the single largest grossing tar-jay in the country.
location matters.