Credit Crunch Hits Gehry's Office
After Ratner told Gehry to put his pencils (or balls of crumpled paper) down, he laid off two dozen workers, reports the WSJ. No comment from offices Gehry or Ratner, but FCR did reaffirm its commitment to the project: “it has cut off its new development pipeline, except for Atlantic Yards.” Photo by Atlantic Yards…
After Ratner told Gehry to put his pencils (or balls of crumpled paper) down, he laid off two dozen workers, reports the WSJ. No comment from offices Gehry or Ratner, but FCR did reaffirm its commitment to the project: “it has cut off its new development pipeline, except for Atlantic Yards.”
Photo by Atlantic Yards web cam.
Tough times ahead for ALL architecture and design firms!
Per a friend inside Gehry’s office: these layoffs did happen in “late November” as the WSJ states — the day before Thanksgiving to be specific.
And I thought Atlantic Yards was going to CREATE jobs! Yet another broken promise…