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Atlantic Yards/Pacific Park graphic: what's built/what's coming + FAQ (pinned post)

Skyscraper site ready? Site 5 dispute between P.C. Richard and Forest City would go to trial no earlier than February

"Next to Barclays Center, there is a site for a 1 million-square-foot tower," the New York Times recently reported, summarizing bids to lure Amazon's second headquarters. As I pointed out, that site--Site 5 of Atlantic Yards/Pacific Park, catercorner to the Barclays Center--is by no means ready.

A lawsuit filed in January 2016 by P.C. Richard parent A.J. Richard, claiming it was promised space in the replacement development, soldiers on, with regular delays and extensions of deadlines. According to a document in the case file (below), the parties have a compliance conference scheduled for 1/11/18, with the case expected to be ready for trial by 2/1/18.

Of course, that timetable can again be extended. My bet is that the case does not go to trial, given the costs (and risks) of litigation. The document upon which P.C. Richard asserts its right to future space is not public, and defendant Forest City Ratner (now Forest City New York) disputes P.C. Richard's claim.

But each side surely has a number that it believes reasonable compensation for the promise (or lack thereof). At some point, they'll come closer to it. And, once the case is settled, plans for a huge two-tower complex may indeed move forward.



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