Endangered AY
This morning the Times has a couple articles about Atlantic Yards that more or less boil down to the following: Aspects of the mega-project aside from the Nets arena are likely to be delayed or go unrealized; Forest City Ratner has not been able to lure an anchor tenant to Miss Brooklyn, his planned office…
This morning the Times has a couple articles about Atlantic Yards that more or less boil down to the following: Aspects of the mega-project aside from the Nets arena are likely to be delayed or go unrealized; Forest City Ratner has not been able to lure an anchor tenant to Miss Brooklyn, his planned office tower; and Frank Gehry’s overarching vision for AY will be severely compromised if all that’s built is the arena. In one article, Charles Bagli includes snippets of an interview with Bruce Ratner in which the developer concedes that construction of Miss Brooklyn will not begin until a tenant has been secured for the office tower; Bagli also notes that the three residential towers surrounding the arena, which are slated to have 1,000 units of housing—including many affordable units—may not happen anytime soon, since developers are finding financing harder to come by. Ratner still sounds cautiously optimistic about the first phase of AY, though. It’s not going to happen in a nanosecond, he tells the Times. I hope it’s not going to be drawn out. I’d hope that the first residential building will be done within six months of the opening of the arena, and a second one a year after that. In the second article, architecture critic Nicolai Ouroussoff says the possibility that all we’ll be left with is a Nets arena “feels like a betrayal of the public trust.” Ouroussoff calls on Frank Gehry to walk away from the entire development: “by pulling out he would be expressing a simple truth: At this point the Atlantic Yards development has nothing to do with the project that New Yorkers were promised. Nor does it rise to the standards Mr. Gehry has set for himself during a remarkable career.”
Slow Economy Likely to Stall Atlantic Yards [NY Times]
What Will Be Left of Gehry’s Vision for Brooklyn? [NY Times]
Ratner Admits Major AY Delays, Rising Arena Cost [AY Report]
Miss Brooklyn & Housing to Die as Arena Lives? [GL]
Bullet Points of Bagli Article [No Land Grab]
Photo by threecee.
The What said:
“When they make the announcement the NETS are going to Newark NJ, the price of your “Brownstones” will plummet!!!! Unfinished construction will stop and leave urban blight for some time.”
What total mental retard believes the entire reason for the huge changes and appreciation in values in Brooklyn over the last 20 years is because 2 years ago Ratner Rizzo announced his AY project? If Ratner isn’t the reason for the rise in values……then the failure of the project won’t cause any plummet in brownstone values. No logic whatsoever.
The most hilarious part is the suggestion Newark NJ will recover from its downward spiral into the abyss because the Nets are going there.
Why would you give a sh*t where people bought houses if it weren’t for your PERSONAL AGENDA AS A BROKER IN THE BURBS.
Let’s not forget who The What really is. He was called out, there was clear evidence. Please search the archives and find one single post from The What were he says “we” about Brooklyn. Doesn’t exist. Because he doesn’t f-ing live here. Find one single post where he says anything specific about Brooklyn that indicates he’s ever set foot in Brooklyn. Also doesn’t exist. He only posts links to news articles. From afar way out in Jersey.
Stay in your Jersey piece of crap ranchstyle house. Talk about a plummet in values.
5:42 “The What?” Thanks again Daniel!! I always look forward to your insightful comments on the economy, finance, local politics and foreign policy! It’s better than watching CNN. Thanks Daniel Goldstein!! A/K/A “The What”
My prediction: As mentioned in the NY Times article. Ratner will build phase one. The phase two land will be sold off to a other developers to build the remaining portion. I prefer this scenario as competition breeds better development for the consumers dollar.
DEAR FRIENDS THIS WAS ALWAYS THE PLAN!!!! BEST ECONOMY EVER, OR WORST. THIS WAS THE PLAN. RATNER COULDN’T CARE LESS ABOUT AFFORDABLE HOUSING or THE DUMB ASS HOMOPHOBES ON A STUPID BLOG. KNOW THAT MUCH AT LEAST!!!
You are from jersey? you better bath!!!!
Adults on brownstoner? that is a joke right?
An arena? I thought this project was for a bunch of poor people to get affordable housing?
– Bertha Lewis
“You know what, I finally figured it our (sorry, I’m slow)….The What is actually Daniel Goldstein…Hi Daniel! Someday this ends gonna war, right?”
Yep, you are slow. I’m NOT DG! I take baths and wash my clothes. I’m a white Broker from Lodi NJ, LMMFAO!
The What
Someday this war is gonna end…..
So now you folks are giving death threats to some random guy blaming him for the economy? YOu can’t even state your name? You want to be a murderer mr. guest?
F you, scumbag
Ass smelling fags? Clearly they let 11 year old homophobes on the internet quite easily.
Maybe we should build something where all you self righteous, homophobic, hate mongers can hang out and throw balls at each other, while ratner watches from the stands. Ass smelling fags? You need to take your meds and calm the f’ down.
You all suck big time. I hope ratner does build then we will ALL be gone, cause you people just fucking suck.
Go stick your tongue up Ratner’s ass if you love this stupid arena bullshit you fucking losers.
If you don’t like us manhattanite move to brooklyn gentrifiers why don’t YOU move your pathetic asses BACK to manhatty and go live next to your butt buddy bruce ratner?
They should build an asylum really, that is clearly what we need!!!!
I hope you’re not anti-gAY. (gimme atlantic yards!)
4:41, you add absolutely NOTHING to what is essentially, an intelligent exchange of opposing opinions. Accusing a woman (who din’t even involved in the discussion) of sexual nastiness, and juvenile, locker room potty mouth, homophobic nonsense makes you look like an unmitigated idiot. If that was your intention, congratulations, you are successful.
Adults – carry on.