In Brooklyn Marine Terminal Discussion, Atlantic Yards is the Elephant in the Room (link)
After Borough President Reynoso points to broken promises, city official says other projects met commitments. Not always. Remember: "be honest about phasing."
This watchdog blog, by journalist Norman Oder, concerns the $6B project to build the Barclays Center arena & 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 the Chinese government-owned Greenland USA bought a 70% stake going forward. In 2018, once the arena & four towers were built, Greenland bought out most of Forest City's stake, then sold three leases to other companies.
In Brooklyn Marine Terminal Discussion, Atlantic Yards is the Elephant in the Room (link)
After Borough President Reynoso points to broken promises, city official says other projects met commitments. Not always. Remember: "be honest about phasing."
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