Love him or hate him, the smart money in New York City says that de Blasio is virtually ensured a second term. “What Manhattanites in the ‘Bloomberg Bubble’ don’t understand,” says the organization head who deals regularly with the mayor’s office, “is that many people in the outer boroughs love him as much as Manhattanites hate him. But even more important is that the city’s builders love him, and they have always elected the mayor in New York City, by funneling more money than anyone else to their chosen candidate. Why do they love de Blasio? Because he doesn’t give a damn about urban planning, density, or architecture. He only cares about more affordable housing. For the builders that means they get to build an extra 20 floors and do it with fewer restrictions.”
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.