Many of the rail yard conversion projects championed by Mayor Michael R. Bloomberg over the last decade have taken time to come to fruition.
Years after first being proposed, office towers are just now being built at Hudson Yards, on Manhattan’s West Side, and apartment buildings are finally going up at Atlantic Yards in Brooklyn.
But the efforts to remake Hunters Point, a waterfront section of Long Island City, Queens, where rail cars once rolled onto barges, are closer to schedule.
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.