PARK SLOPE — A merchants group is hoping a lighted sign over Fifth Avenue will make the street look more inviting to visitors from the Barclays Center.
The Park Slope Fifth Avenue Business Improvement District installed an arched sign with the words "Park Slope's Fifth Avenue" over Fifth Avenue and Dean Street on Wednesday, said the BID's executive director Mark Caserta.
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.