Soaring City Tech Tower Cut Down to Size
Forest City Ratner’s plans to develop the tallest building in Brooklyn are no more, according to an article in the Daily News. The Renzo Piano-designed City Tech tower on Jay Street was supposed to reach 100 stories, with CUNY facilities on lower floors and condos on upper levels. Now Piano is off the job and…
Forest City Ratner’s plans to develop the tallest building in Brooklyn are no more, according to an article in the Daily News. The Renzo Piano-designed City Tech tower on Jay Street was supposed to reach 100 stories, with CUNY facilities on lower floors and condos on upper levels. Now Piano is off the job and the building may only be built to a modest 10 stories. City Tech’s whittling follows a deal collapse between FCR and CUNY; according to an FCR-CUNY statement, the ambitious project could not be reconciled with the college’s immediate need to move forward with a first-class academic space to serve its growing student enrollment.” A Brooklyn Paper story on the collapsed deal quotes Councilman David Yassky as saying FCR’s decision probably has to do with Bruce Ratner’s iffy finances and the fact that many developers are reconsidering residential construction. He may be overextended right now, said Yassky. Look, a lot of developers are re-evaluting their numbers and feel that residential buildings don’t work right now, he said. Whatever the logic is behind the decision, it seems like a pretty big blow to the ongoing plans to change the face of Downtown Brooklyn.
Ratner Tower Whittled Down [NY Daily News]
Ratner Kills Mr. Brooklyn [Brooklyn Paper]
Development Watch: City Tech Tower, Take 2 [Brownstoner]
1:01=1:20=answer to brain status question
Same difference, 1:15. A 90% reduction in scale. Spin it however you like.
Stop saying metrotech is a success! It’s NOT.
Yes, it’s rented. But the area COULD have been so much more!!! (Ever been there at night?)… and yes, there were crackheads there in the 80’s… I know, but Metrotech did not get rid of them.
Anyone here have the pleasure of riding a bus to Jay Street? To get from Tillary to Willoughby takes 10 minutes sometimes (this is like 3 blocks)…
A monstrous residential building on the corner of Tillary and Jay would just be stupid (with all the crap congestion the superblock of metrotech has caused).
Metrotech hasen’t proved the viability of Downtown Brooklyn as a real neighborhood AT ALL. All it has shown is that companies will move to an office building a couple of subway stops away to save a few bucks on rent.
1:01,
Are you brain dead? The developer didn’t reduce the building; the CUNY/Ratner partnership was terminated by mutual consent because CUNY doesn’t have the time to deal with the additional complications inherent in a mixed use development and now CUNY alone is going to build just the academic component. The more I read comments like this the more I’m convinced that remedial courses in reading comprehension should be a prerequisite to posting here.
“12:38 = ratner minion”
Daniel Goldberg minion
1:00, you just described 90% of the posters on brownstoner.
afte an undeniable implosion like this, a 90% scale reduction by the borough’s biggest and greediest developer, all comments can only be reduced to full-on nit-picking squabble. enjoy the confused ramblings everyone, we may be seeing more soon.
12.53 couldn’t afford to live there in the first place. Wishes he wasn’t a loser with no money, a fat gut, no hair, limp dick and kids who hate him.
The building was idiotic.
I knew when it was first reported that it would never happen.