Skip to main content

Lessons for the Brooklyn arena from Streetsblog: don't make parking easier

Now that Assemblyman Jim Brennan's thinking of requiring more parking near the Atlantic Yards arena, it's worth looking at an extensive 6/15/11 Streetsblog analysis, Can Brooklyn Build a Pedestrian-Friendly Arena at the Atlantic Yards Site?

Noah Kazis writes:
The fundamentals for a smart solution are there: The Atlantic/Pacific hub makes the area better-served by transit than almost anywhere else in the United States. Right now, though, the picture is more mixed. The state recently released its transportation plan for the arena, a plan largely in line with past promises from both the Empire State Development Corporation and the developer Forest City Ratner, which is intended to mitigate the increased traffic that the crowds heading to an arena event will bring to the surrounding neighborhoods. Many of the features, like free subway fares for certain Nets ticket holders and 400 secure bike parking spaces, will help make the Barclays Center more transit-oriented and bike and pedestrian-friendly.

But the developer is planning to build an 1,100-space surface parking lot, killing street life and inducing driving. And with some of the borough’s deadliest streets left in place as enormous traffic arteries, walking and cycling will remain overly dangerous, potentially keeping features like a temporary plaza from being much more than a hard-to-reach traffic island.
In other words, the argument is for fewer parking spaces, not more.

What to do


Streetsblog look at "what some other urban stadiums"--er, arenas, too--"are doing to promote sustainable transportation, and then in a later post we’ll see what top planners think needs to happen to make this arena work for Brooklyn."

The Verizon Center in Washington, DC, is on top of a Metro station and gets about 60 percent of its visitors via transit.

Streetsblog says that there's only a small amount of off--street parking provided by the arena, but I'd add that, unlike with the Atlantic Yards site, there are 10,000 surface parking spaces within ten blocks. Madison Square Garden also lacks dedicated arena parking, but is in a business district.

But Washington, DC, has done something wise: it has eliminated nearby free parking and instead charges a premium rate at the meters.

For Nationals Park, the city has instituted "performance parking"--essentially demand-based (or "congestion") pricing for parking, meaning that price goes up when demand does. (One commenter says the park is surrounded by surface parking.)

In Boston, outside Fenway Park, development has replaced parking lots, thus spurring more people to take public transit. And the nearby town of Brookline charges much more for parking.

Critiques

On the comments, Prospect Heights resident Danae Oratowski pointed out that free subway tickets may not be enough to get residents to stop driving, while free Long Island Railroad tickets might be a better incentive.

Moreover, she wrote:
Without zoning changes, there is the potential for the growth of a parking industry in the M1-1 zone to the east of the project in Prospect/Crown Heights, where parking lots can be built as of right.
Another commenter pointed out:
This is a great question, but the headline is misleading. Brooklyn did not build this arena - it was rammed down our throats by an unimaginative developer with great political connections.

Comments

Popular posts from this blog

Forest City acknowledges unspecified delays in Pacific Park, cites $300 million "impairment" in project value; what about affordable housing pledge?

Updated Monday Nov. 7 am: Note follow-up coverage of stock price drop and investor conference call and pending questions.

Pacific Park Brooklyn is seriously delayed, Forest City Realty Trust said yesterday in a news release, which further acknowledged that the project has caused a $300 million impairment, or write-down of the asset, as the expected revenues no longer exceed the carrying cost.

The Cleveland-based developer, parent of Brooklyn-based Forest City Ratner, which is a 30% investor in Pacific Park along with 70% partner/overseer Greenland USA, blamed the "significant impairment" on an oversupply of market-rate apartments, the uncertain fate of the 421-a tax break, and a continued increase in construction costs.

While the delay essentially confirms the obvious, given that two major buildings have not launched despite plans to do so, it raises significant questions about the future of the project, including:
if market-rate construction is delayed, will the affordable h…

Revising official figures, new report reveals Nets averaged just 11,622 home fans last season, Islanders drew 11,200 (and have option to leave in 2018)

The Brooklyn Nets drew an average of only 11,622 fans per home game in their most recent (and lousy) season, more than 23% below the announced official attendance figure, and little more than 65% of the Barclays Center's capacity.

The New York Islanders also drew some 19.4% below announced attendance, or 11,200 fans per home game.

The surprising numbers were disclosed in a consultant's report attached to the Preliminary Official Statement for the refinancing of some $462 million in tax-exempt bonds for the Barclays Center (plus another $20 million in taxable bonds). The refinancing should lower costs to Mikhail Prokhorov, owner of the arena operating company, by and average of $3.4 million a year through 2044 in paying off arena construction.

According to official figures, the Brooklyn Nets attendance averaged 17,187 in the debut season, 2012-13, 17,251 in 2013-14, 17,037 in 2014-15, and 15,125 in the most recent season, 2015-16. For hoops, the arena holds 17,732.

But official…

At 550 Vanderbilt, big chunk of apartments pitched to Chinese buyers as "international units"

One key to sales at the 550 Vanderbilt condo is the connection to China, thanks to Shanghai-based developer Greenland Holdings.

It's the parent of Greenland USA, which as part of Greenland Forest City Partners owns 70% of Pacific Park (except 461 Dean and the arena).

And sales in China may help explain how the developer was able to claim early momentum.
"Since 550 Vanderbilt launched pre-sales in June [2015], more than 80 residences have gone into contract, representing over 30% of the building’s 278 total residences," the developer said in a 9/25/15 press release announcing the opening of a sales gallery in Brooklyn. "The strong response from the marketplace indicates the high level of demand for well-designed new luxury homes in Brooklyn..."

Maybe. Or maybe it just meant a decent initial pipeline to Chinese buyers.

As lawyer Jay Neveloff, who represents Forest City, told the Real Deal in 2015, a project involving a Chinese firm "creates a huge market for…

Is Barclays Center dumping the Islanders, or are they renegotiating? Evidence varies (bond doc, cash receipts); NHL attendance biggest variable

The Internet has been abuzz since Bloomberg's Scott Soshnick reported 1/30/17, using an overly conclusory headline, that Brooklyn’s Barclays Center Is Dumping the Islanders.

That would end an unusual arrangement in which the arena agrees to pay the team a fixed sum (minus certain expenses), in exchange for keeping tickets, suite, and sponsorship revenue.

The arena would earn more without the hockey team, according to Bloomberg, which cited “a financial projection shared with potential investors showed the Islanders won’t contribute any revenue after the 2018-19 season--a clear signal that the team won’t play there, the people said."

That "signal," however, is hardly definitive, as are the media leaks about a prospective new arena in Queens, as shown in the screenshot below from Newsday. Both sides are surely pushing for advantage, if not bluffing.

Consider: the arena and the Islanders can't even formally begin their opt-out talks until after this season. The disc…

Skanska says it "expected to assemble a properly designed modular building, not engage in an iterative R&D experiment"

On 12/10/16, I noted that FastCo.Design's Prefab's Moment of Reckoning article dialed back the gush on the 461 Dean modular tower compared to the publication's previous coverage.

Still, I noted that the article relied on developer Forest City Ratner and architect SHoP to put the best possible spin on what was clearly a failure. From the article: At the project's outset, it took the factory (managed by Skanska at the time) two to three weeks to build a module. By the end, under FCRC's management, the builders cut that down to six days. "The project took a little longer than expected and cost a little bit more than expected because we started the project with the wrong contractor," [Forest City's Adam] Greene says.Skanska jabs back
Well, Forest City's estranged partner Skanska later weighed in--not sure whether they weren't asked or just missed a deadline--and their article was updated 12/13/16. Here's Skanska's statement, which shows th…

Not just logistics: bypassing Brooklyn for DNC 2016 also saved on optics (role of Russian oligarch, Shanghai government)

Surely the logistical challenges of holding a national presidential nominating convention in Brooklyn were the main (and stated) reasons for the Democratic National Committee's choice of Philadelphia.

And, as I wrote in NY Slant, the huge security cordon in Philadelphia would have been impossible in Brooklyn.

But consider also the optics. As I wrote in my 1/21/15 op-ed in the Times arguing that the choice of Brooklyn was a bad idea:
The arena also raises ethically sticky questions for the Democrats. While the Barclays Center is owned primarily by Forest City Ratner, 45 percent of it is owned by the Russian billionaire Mikhail D. Prokhorov (who also owns 80 percent of the Brooklyn Nets). Mr. Prokhorov has a necessarily cordial relationship with Russia’s president, Vladimir V. Putin — though he has been critical of Mr. Putin in the past, last year, at the Russian president’s request, he tried to transfer ownership of the Nets to one of his Moscow-based companies. An oligarch-owned a…