Yesterday, I suggested that her take-away quote, “every deal dies three times,” also applies to Atlantic Yards, which is going through even more gyrations.
Lessons for AY
But there are some other hints and lessons from her talk. While the Beekman Tower is less a model for Atlantic Yards housing than the under-construction tower at 80 DeKalb Avenue in Brooklyn, Gilmartin’s explanation of why Beekman contains rental units, not condos, may cast further doubt on the developer’s plans for 1930 condos in the Atlantic Yards project.
If the condo market is currently saturated, and the developer prefers th…