Friday, March 21, 2008

Despite AY stall, Markowitz retains confidence in Forest City Ratner

A statement on the Atlantic Yards stall from Brooklyn Borough President Marty Markowitz:
“I am obviously disappointed that some key components of the Atlantic Yards project may not be completed on the timetable we had envisioned. But like Coney Island’s famous Cyclone, the economy goes up and it goes down—and I remain confident that Forest City Ratner, with its successful track record of development through all economic climates, will fulfill its vision of bringing the Nets, affordable housing, and a new city center to Downtown Brooklyn.”

His confidence sounds a lot like that of ACORN. Should the delay be attributed only to the economy?

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