Atlantic Yards/Pacific Park Report

Belatedly Released State Document Suggests Subsidies Would Exceed $700M; Deadlines of 2037/39 for 1st Block and 2040/42 (!?) for 2nd Block Have Escape Hatches ( link ) If the smaller first block needs $350M, a $700M total wouldn't be enough. NYS admits second platform block not yet viable. Affordable housing conforms to plans disclosed.

"Art on the Hour" at the Arena Oculus: a Curious Juxtaposition With Digital Advertising ( link ) The works vary significantly in style and quality. At BAM, a separate project: a film fest from Spike Lee and Clara Wu Tsai. 

Behind the Lull, Much Is Percolating: MOU, Financial Analysis, Draft Scope for the Environmental Review ( link ) Developer Cirrus's lobbying includes a stepped-up contract for crunch time, plus outreach to clergy (via AG Tish James!). YIMBY Mayor Mamdani's on board.

The Brooklyn Nets & NY Liberty Foundation: More Transparent than the Tsais' Social Justice Fund ( link ) Some spending bolsters arena allies, some to national causes. Some goes to local Jewish groups. How could the (phantom) Tsai Foundation give $2M to the teams' foundation?

The Barclays Center yesterday (late) released its August 2026 event calendar to community members. It includes 12 ticketed events: seven New York Liberty games and five concerts. Angela Yee Day Also, the free annual Angela Yee Day, the "block party" hosted by the radio personality, will be held on Sunday, August 12, from noon to 5 pm, though the Community Notice (above) suggests that amplified sound will start at 6 am. (Sound checks at 6 am on the day of rest?) Image from Threads Note that, while it's not mentioned on Power 105.1's announcement on Threads  ( or the image above) , the radio station's announcement on Facebook states that the event, as in past years, is  " in partnership with The Social Justice Fund," i.e., the arm of the Joe and Clara Tsai Foundation, the charitable platform for the owners of the Brooklyn Nets and the arena company. (More coverage of the Social Justice Fund .) The event involves: live performances and music; free hair bra...

The 2005 Atlantic Yards MOU Was Announced by the Governor & Released to Face Scrutiny ( link ) So, why the secrecy about the project's latest Memorandum of Understanding, outlining timetables, subsidies, and more? 

How Much Money Does Cirrus Workforce Housing Have, and How Long Will it Last? ( link ) Cirrus has raised just $137.7M toward a $400M goal. It has some big expenditures, but also $175M in public funds. Also, NY State has signed an MOU with Cirrus but won't make it public.