Presumably the invitation-only launch event, trying to kickstart sales with a new broker after a lull, is just for brokers and investors. It's not good timing, though, to come right after The Real Deal published Is Pacific Park in trouble again?
This watchdog blog, by journalist Norman Oder, concerns the $6B project to build the Barclays Center arena & 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 USA bought a 70% stake going forward. In 2018, once the arena & four towers were built, Greenland bought out most of Forest City's stake, then sold three leases to other companies.
Comments
Post a Comment