A last-minute Atlantic Yards Community Development Corporation meeting set for Friday (something's up)

Something is up, I again suspect, regarding Atlantic Yards/Pacific Park, given another last-minute meeting announcement, with an RSVP due by Thursday.

In January, when a meeting of the Atlantic Yards Community Development Corporation (AY CDC) was scheduled with just five days notice (and three business days notice), I suspected something was up.

And it was, given the announcement, just before the meeting, of the restructuring of the Greenland Forest City Partners, with Forest City New York/Forest City Realty Trust agreeing to transfer all but 5% of its share going forward in Pacific Park to Greenland USA. 

Now a meeting set for Friday, with only three days notice, also raises questions. There is an agenda, below, which covers issues they needed to cover.

However... do keep in mind that Forest City Realty Trust's "strategic review" process is concluding tomorrow at 5 pm, and that could lead to a corporate merger, absorption, or sell-off. (In other words, even the name Greenland Forest City Partners may be up for grabs. Also see my long retrospective on Forest City for The Bridge.)

At the last Atlantic Yards/Pacific Park Quality of Life meeting, we were told that the next AY CDC meeting had been delayed because of a need to get a quorum. 

Whether or not a quorum is the issue regarding this Friday's meeting, it certainly wasn't scheduled in a way that members of the public could plan to attend. That said, it will be webcast.

The media advisory issued today by Empire State Development:

What: Meeting of the Directors of the Atlantic Yards Community Development Corporation, an ESD subsidiary. 

When: Friday, March 23, 2018 at 3:00 p.m.
Where: Empire State Development
633 Third Avenue - 37th Floor Conference Room
New York, NY 10017

This meeting is open to the public. Web casting of the meeting is available here.
Due to building procedures, those attending should please RSVP by 5:00 p.m. on Thursday, March 22, 2018. RSVP press line (800) 260-7313; RSVP public line (212) 803-3766.

The agenda