WSJ: yes, there's a market for cities, outside office buildings. That helps Atlantic Yards/Pacific Park, but there are other headwinds.

American Cities Are Starting to Thrive Again. Just Not Near Office Buildings., the Wall Street Journal reported 5/30/23:

The pandemic and remote work have done little to dent the overall appeal of cities such as New York, Chicago and Los Angeles, foot-traffic and rent data show. Instead, the pandemic has shifted the urban center of gravity, moving away from often sterile office districts to neighborhoods with apartments, bars and restaurants.

"We're now back to what cities really are—they're not containers for working," said Richard Florida, a specialist in city planning at the University of Toronto. "They're places for people to live and connect with others."

So--and this observation isn't new--that's ultimately a vote of confidence for residential developments like Atlantic Yards/Pacific Park, which offer access to urban amenities.

The caveats on that are the upfront cost of the platform, needed for six approved towers; the pending fines of $2.000/month for each unit of affordable housing (876) not built by May 2025; and whether the project will be built as approved or with a lower density that, however less remunerative for the developers, might better fit the available open space and other infrastructure.