Ratner May Have to Pay Up to Move Yards
According to the most recent Brooklyn Papers, it looks like Bruce Ratner is going to have to pony up some extra dough to move the tracks in the MTA storage yard. The reason Ratner’s still having to negotiate with the MTA is that it never signed the memorandum of understanding that Ratner inked with the…
According to the most recent Brooklyn Papers, it looks like Bruce Ratner is going to have to pony up some extra dough to move the tracks in the MTA storage yard. The reason Ratner’s still having to negotiate with the MTA is that it never signed the memorandum of understanding that Ratner inked with the City and State back in March. Though the tracks will only be moved a block, from Atlantic and Pacific, primarily between Fifth and Carlton avenues, to primarily between Sixth Avenue and Vanderbilt Avenue, the shift is significant because of how it could alter the eminent domain debate: The new justification could be “public use” (for the rail yards) as opposed to private development, obviously a tougher sell.
Yards Away [Brooklyn Papers]
Footprint [Develop Don’t Destroy]
Doesn’t appear that Atlantic yards is very controversial on this blog.
Just read that Supreme Court ruled that eminent domain can be used by gov’t to condemn property that will be developed for private. I think a ruling that will not help anti-ratner plan group.