But the most vulnerable party may well be the majority owner. As I wrote 9/2/14, while Atlantic Yards B2 Owner is represented and managed by Forest City Ratner, the building will be owned 75% by the Arizona State Retirement System (ASRS).
The ASRS surely foresees delays in projected revenues and may, depending on the outcome of the legal process (and the contour of its contract with Forest City), may have to absorb some increased costs or damages.
Due diligence and some stonewalling
The lingering question--especially for the retirees who depend on the returns from ASRS assets--is whether the state agency did appropriate due diligence regarding this untested process.
For now, there's almost no discussion in publicly available materials on the ASRS web site about the tower, except for the above slide.