Hey, remember this? In a 5/3/08 New York Daily News op-ed, "Atlantic Yards dead? Dream on," developer Bruce Ratner rebuked an overblown Brooklyn Paper headline but then blew a lot of smoke of his own.
He professed an updated ten-year timetable, as if the start date had merely been nudged back. But he hedged: "We anticipate finishing all of Atlantic Yards by 2018.” At the time, I pointed out many reasons for doubt, even expressed by project supporters.
Today, 2028 may be a best-case scenario, and the "we" refers to Greenland Forest City Partners, dominated by Greenland USA, which bought 70% of the project (excepting the 461 Dean tower and the Barclays Center operating company) in 2014 and will soon own 95% of the remaining project going forward. Scroll down for more doubt.
Overall plan
Ratner wrote:
Timing--not quite
Ratner wrote:
His closing line: "We will build Atlantic Yards - and deliver on all of our commitments to Brooklyn."
That's not how it worked out. Even the name didn't last.
He professed an updated ten-year timetable, as if the start date had merely been nudged back. But he hedged: "We anticipate finishing all of Atlantic Yards by 2018.” At the time, I pointed out many reasons for doubt, even expressed by project supporters.
Today, 2028 may be a best-case scenario, and the "we" refers to Greenland Forest City Partners, dominated by Greenland USA, which bought 70% of the project (excepting the 461 Dean tower and the Barclays Center operating company) in 2014 and will soon own 95% of the remaining project going forward. Scroll down for more doubt.
Overall plan
Ratner wrote:
We're still building all 6,400 units of housing - including 2,250 affordable units. We're still building the iconic Miss Brooklyn tower and the state-of-the-art Barclays Center, the future home of the Nets.Well, not only has the "we" changed, no one's building Miss Brooklyn over the arena plaza. Rather, Greenland Forest City Partners wants to shift the bulk of the unbuilt tower across Flatbush Avenue to Site 5, which will require a new approval process.
Timing--not quite
Ratner wrote:
Our first goal is to break ground on the Barclays Center later this year. Shortly after that, we will break ground on the first residential building, which includes a significant amount of affordable housing.Well, the arena broke ground nearly two years later, in March 2010. The first tower groundbreaking was in December 2012.
We plan to complete and open both of these buildings at the same time. Then we plan to break ground on the next residential tower in 2010, and then on the final residential tower of the project's first phase in 2011.
His closing line: "We will build Atlantic Yards - and deliver on all of our commitments to Brooklyn."
That's not how it worked out. Even the name didn't last.
Comments
Post a Comment