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Atlantic Yards/Pacific Park FAQ, timeline, and infographics (pinned post)

Would a real-estate firm truly list valid "Cons" for 550 Vanderbilt? Nah.

I must say that I find this CityRealty page (screenshot at right) for the 550 Vanderbilt condo building a wee bit slanted. 

Consider the list of pros and cons--and put aside the coronavirus crisis, which probably makes some people wary of elevators.

The Pros include:
  • near public transportation (sure, though no-parking might now be an issue)
  • "near the Brooklyn Academy of Music" (not quite)
  • near Barclays Center (more or less)
  • "adjacent to new park" (not for many years, and open space isn't quite a park)
  • part of a huge project with more than 6,400 apartments (the proofreading on that needs work, but that total is by no means imminent)
The listing text, though not the Pros, mentions the key pro: the very advantageous 25-year 421-a tax abatement. 

Unmentioned, oddly enough, is the fact that Vanderbilt Avenue is a vibrant shopping street, with many food and beverage options, and is now an open street.

What are the Cons?

The Cons, in toto, consist of "Considerable traffic" and "Many apartments."

I suspect that the latter refers not to a 278-unit building but, rather, a project expected to include 6,430 apartments over 15 or 16 towers.

And the traffic wasn't that big a deal, not until everyone started driving.

But those surely aren't the biggest cons. The big issue, I suspect, is construction on adjacent sites (B12 to the west and B10 to the north) sites, a catercorner site (B9 to the northwest), and the platform needed to support the latter two towers, as well as four more.

That new "park" would require a lot of infrastructure work, as well as construction of the towers.

That's a lot of question marks.

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