Atlantic Yards/Pacific Park Report

(This is one in an irregular series of articles about issues that a State Senate committee might address when it holds a hearing on Atlantic Yards.) Just as reports of Atlantic Yards's death are greatly exaggerated, so, I think, is the meaning of the project's decline in political support, as noted in the Brooklyn Paper and Crain's Insider. Bloomberg says "enough"? Yesterday the Brooklyn Paper reported, in an article headlined Bloomy to Bruce: Enough already : Mayor Bloomberg dealt Bruce Ratner a blow on Wednesday, saying that the city would not subsidize the Atlantic Yards project with additional public funds. The city has already pledged $230 million for infrastructure and land-acquisition costs at the embattled arena and skyscraper project — but Bloomberg dashed Ratner’s hopes for more. “We’ve done everything,” he said in response to a reporter’s question at his daily availability on Wednesday. “We’re going to have a tough time balancing our budget.” Develop D...