Skip to main content

Featured Post

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

Tonight's Quality of Life meeting: vague agenda, but many questions about project timetable, affordable housing

Tonight's bi-monthlyAtlantic Yards Project Quality of Life Meeting will be held at 6 pm at:
Shirley A. Chisholm State Office Building
55 Hanson Place
1st Floor Conference Room
Brooklyn, NY 11217
The attached agenda is typically vague, indicating presentations from (or on behalf of) Empire State Development, Atlantic Yards Community Development Corporation, and Barclays Center.

Management questions

I'll be looking out for a few things.

First, now that The Brodsky Organization is involved in the development of the two parcels under construction, B4 (18 Sixth Avenue) and B15 (664 Pacific Street), what role will representatives of that company play at such meetings going forward?

Also, now that Forest City Ratner no longer exists, its parent company having been absorbed by Brookfield Asset Management, will L&L MAG, the firm founded by former Forest City Ratner CEO MaryAnne Gilmartin, still have a role?

As I wrote in January 2018, Ashley Cotton, formerly at Forest City and by then at L&L MAG, had said that her new firm had a service contract with Forest City, "but I speak on behalf of the joint venture. Hand in hand with [Greenland USA's] Scott [Solish], I’ve been the spokesperson for the joint venture since it was initiated.”

Timetable questions

More importantly, as I wrote last month, the big questions involve the timetable.

How will the joint venture meet the May 2025 deadline for the 2,250 units of affordable housing?

What's the schedule for the next buildings? Does it conform to the document I wrote about, suggesting three towers, one of them 100% affordable, will start in 2021 and 22 over the railyard?  That document was shown to immigrant investors, not the public in Brooklyn.

What's the timetable for the infrastructure needed in the railyard for vertical construction? How much of the foundations are done? Will all the platform work take six years? If not, how long will it take?

And what's the plan for the potential two-tower complex at Site 5?

Comments