Tuesday, August 31, 2010

Yes, 752 Pacific is worth more to Forest City Ratner intact than demolished, at least for now

Remember how I (quoting court papers) predicted that, despite Forest City Ratner's stated plan to immediately demolish all buildings in Phase 1 of the Atlantic Yards condemnation plan, the staunch six-story building on Pacific Street long owned by Henry Weinstein was likely to be used as construction offices?

As stated in the Empire State Development Corporation's Construction Update for the weeks beginning August 17 and August 23, and the latest Construction Update issued yesterday:
The building at 752 Pacific Street will be used temporarily for construction shanties. During the next two week period, the former occupants’ trash will be removed from the building to prepare for construction teams.

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