On Sunday afternoon, thousands of thirsty beer lovers packed into the Barclays Center, located on the northern end of Brooklyn’s Park Slope neighborhood, for the sports and music venue’s first major beer event, called Tapped. During two epic sessions, nearly 30 different breweries poured more than 100 beers.First, "big crowds" can also mean it sold well after discounting. More importantly, however well-behaved people were inside, a neighbor tells me there was periodic visible vomit on sidewalks nearby.
The beer stations were primarily set up on the arena’s floor, which became packed shortly after the doors opened, and a handful of stations were set up on either side of the arena’s concourse as well. Even though it was incredibly crowded, with some guests waiting several minutes on line between pours, everyone was well-behaved and seemed to really be enjoying themselves.
...Overall it’s hard not to consider the event an overwhelming success; big crowds means that it sold well.
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…