CurbedWire: Special Atlantic Yards Stall React-o-Matic Edition


Friday, March 21, 2008, by Robert

2008_03_Atlantic%20Yards%20Site.jpg
[Photo courtesy of Tracy Collins/flickr]

PROSPECT HEIGHTS—The reactions have been rolling in today about the Atlantic Yards Stall in the form of delays, cancellations and a doubling of the cost of the Nets arena:

"I am obviously disappointed that some key components of the Atlantic Yards project may not be completed on the timetable we had envisioned...I remain confident that Forest City Ratner...will fulfill its vision of bringing the Nets, affordable housing, and a new city center to Downtown Brooklyn."--Brooklyn Borough President Marty Markowitz [CurbedWire Inbox]

"Atlantic Yards cannot be built as planned, and was never financially feasible...We call on the city and state to work with the community to develop the rail yards in a responsible manner, without destroying the existing neighborhoods in the process." Also, the arena "would now cost $950 million...and therefore is subject to new governmental review."--Daniel Goldstein DDDB [CurbedWire Inbox]

"Forest City Ratner made a commitment to ACORN and to the people of Brooklyn to deliver on a historic plan for affordable housing...we continue to have every confidence they will live up to their commitment."--Bertha Lewis ACORN [CurbedWire Inbox]


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