Q. So what is the status of the Atlantic Yards project over all?
A. I spent a lot of time working on Atlantic Yards, and as you know we talked about starting the first building this year and we are committed to doing that. We are designing and running with two designs: a conventional design and a modular design. As we just announced, we will start construction of the first residential building, which will be 50 percent affordable, on Dec. 18.
This watchdog blog, by journalist Norman Oder, offers analysis, commentary, and reportage about the $4.9B project to build the Barclays Center arena and 15-16 towers at a crucial site in Brooklyn. Dubbed Atlantic Yards by developer Forest City Ratner in 2003, it was rebranded Pacific Park Brooklyn in 2014 after the Chinese government-owned Greenland Group bought a 70% stake going forward. As of 2018, after the arena and four towers were built, Greenland will own 95% of future construction.