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.
Subscribe to this blog
Follow by Email
Search This Blog
Jay-Z's decision to sell fractional Nets stake means front-page treatment in the Daily News
Is Jay-Z "abandoning" the Nets, as the astonishingly plentiful Daily News front page suggests? No, he's moving on and up.
To quote the Daily News, "The rap mogul and NBA franchise figurehead plans to sell his small share of the Nets, as reported by Yahoo! Sports, because Shawn Carter wants to elevate his new career as a sports agent."
As his mentor from Brooklyn, Jonathan "Jaz-O" Burks, once said, "His loyalty is to his money."
Meanwhile, has the Daily News reported on how the 2,000 cheap seats for the Nets are, after one year, going from $15 to $25? Nope.