Atlantic Social Club, a 7,000 square-foot classic “old style New York tavern,” plans to open by year-end at 673 Atlantic Ave., seating 160 in the dining room with another 80 at the bar.That means Tony Roma's is history--indeed, it's no longer listed on the company map, Foursquare says it's closed, and a phone call got the response "we're doing renovations." The location is the Atlantic Terrace building just catercorner to the arena block.
“It’s a place where you can feel comfortable having a cheeseburger alone at the bar, eating steak with a group of friends, celebrating birthdays or having date nights,” said David Massoni, one of TKRG’s partners, with Dale Talde — a former “Top Chef” personality and head chef at Buddakan — and John Bush.
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…