Weekly Digest: The Clock Ticks on the Affordable Housing Deadline (link)
Something's brewing? Flashback: unreliable assurances from MTA in 2009 and ESD in 2019. Cirrus gains momentum. Rise in NY Liberty value suggests public deserves more.
This watchdog blog, by journalist Norman Oder, covers the project to build the Barclays Center arena and 15-16 towers at a crucial site in Brooklyn. Dubbed Atlantic Yards by developer Forest City Ratner in 2003, it was rebranded Pacific Park Brooklyn in 2014 after Shanghai-based Greenland USA took a majority share. Forest City left in 2018. Eight towers and the arena have been built. After a stall, Cirrus and LCOR in 2025 took over as master developers. A plan to complete the project is pending.
Weekly Digest: The Clock Ticks on the Affordable Housing Deadline (link)
Something's brewing? Flashback: unreliable assurances from MTA in 2009 and ESD in 2019. Cirrus gains momentum. Rise in NY Liberty value suggests public deserves more.
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