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Atlantic Yards/Pacific Park FAQ, timeline, and infographics (pinned post)

From affordable housing solution to (relative bargain!) $6.86 million penthouse

Oh, remember how Atlantic Yards, according to a promotional flyer produced by Forest City Ratner in 2006 (before the project was trimmed slightly) was to supply "over 6,800 units of badly needed mixed-income housing for Brooklyn"?

Remember how Atlantic Yards was, as the flyer said, "Helping Solve Brooklyn's Housing Crisis"?

Well, consider the New York Post, 10/14/15, The meteoric price rise of the Brooklyn penthouse:
Early this month, a 2,859-square-foot penthouse at 550 Vanderbilt Ave. in Prospect Heights — part of the Pacific Park megaproject near Barclays Center — hit the market for $6.86 million. If it sells for that price, it would handily squash the area’s existing $5.1 million condo record.
...ā€œBrooklyn is a hot spot in general — it’s drawing the attention of a wider demographic looking for all types of housing, including luxury housing that they see in Manhattan,ā€ says Jodi Stasse, the managing director at Corcoran Sunshine Marketing Group who’s overseeing sales efforts at 550 Vanderbilt.
...One [new product] is 550 Vanderbilt’s $6.86 million specimen, which came to market two weeks ago and has triple exposures and a 1,850-square-foot terrace. But its best feature, perhaps, is that’s it’s a relative bargain.
As Strasse says, ā€œTo find that in Manhattan, the [price] would be double.
Below, the rendering provided to the Post of the penthouse:

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