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February 29, 2004

Arena concerns hit home

Net effect of housing will be road woes, say foes

653-flatbushnight-NYDN.JPGNY Daily News
By Hugh Son

Crowded intersection of Flatbush, Atlantic and Fourth Aves. will see 9,000 more cars and 40,000 more transit users per day if the Atlantic Yards project goes through.

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Posted by lumi at 8:13 AM

A Better Idea…

EditorsLetter-BR.jpgBrooklyn Rail
Letter FROM the Editor, T. Hamm

Can someone explain to me how buying the New Jersey Nets automatically gives Bruce Ratner purchase on the future of downtown Brooklyn? This is decidedly not what democracy looks like.

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Posted by lumi at 7:59 AM

Stadia Mania: The View from Prospect Heights

The Brooklyn Rail By Brian Carreira

StadiaMania1-BR.jpg

An important and yet seemingly overlooked fact is that Forest City Ratner has not yet secured any rights to develop the area. For three of the six blocks included in the development scheme, Ratner would need to secure air rights from the MTA as they would be built over existing railroad track. A much bandied and seemingly unquestioned assertion is that these rights will be "donated" to Forest City upon purchase of the team. But a recent discussion with MTA spokesperson Tom Kelley told a slightly different story: "All this is media crap," he noted. Ratner, Kelley said, "would be given preference" for development since he has already built the Atlantic Center and Atlantic Terminal in the immediate vicinity. As for the idea that the rights will ultimately be donated by a public authority that is projecting to run a budget deficit as soon as 2005, Kelley said, "hope runs eternal."

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Posted by lumi at 7:46 AM

February 28, 2004

Move Looms, but Nets Fans Aren't Ready to Let Go

The NY Times
By Steve Popper

Obstacles may eventually prove to be troublesome in Brooklyn, where land acquisition and tax dollars, as well as the N.B.A. board of governors, may stand in the way of the $2.5 billion project. In New Jersey, there is the promise, still, of a rail line to the arena as well as the development of the Xanadu entertainment complex. In the meantime, there are games to be played and a belief that a title may still land in New Jersey.

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Posted by lumi at 8:19 AM

February 27, 2004

Home Expo, This Week, Comes at Time of Brooklyn Boom

Brooklyn Daily Eagle
By Dennis Holt

In just two months, since January 3, there have been 59 listings of housing purchases in Brooklyn, totaling $42,330,000. That is on a pace for a $250 million sales number this year, probably a record. This comes out to an average sales price of $717,491. The prices range from $170,000 to $3.7 million. And keep in mind, these numbers are drawn simply from what has been recorded by two newspapers — the New York Times and the Post — and there are probably many other transactions net recorded by them.

Brooklyn Heights comes in second with 7 listings totaling $3,673,000. Close on their heels is Prospect Heights, with four listings totaling $3,505,000."

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Posted by lumi at 9:21 AM

Arena Footprint Slammed at Fort Greene Group`s Meeting

Use of Eminent Domain Condemned

Brooklyn Daily Eagle
By John Doyle

Fort Greene residents voiced their opposition —loud and clear — to developer Bruce Ratner and his proposed $2.5 billion Atlantic Yards arena and development project, slated for the MTA railyards at Flatbush and Atlantic Avenues on the edge of Prospect Heights.

Howard Pitsch, chair of the FGA, said in a recent letter sent to Ratner that a majority of the board opposes the Atlantic Yards development plan, but added the organization will not shut Ratner out. He said Monday’s forum generated many concerns. The association’s board will study these issues and draft a resolution or “a statement of needs and wants,” to seek “social amenities that will benefit the community,” he explained."

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Posted by lumi at 9:07 AM

Ratner Arena Plan Separated From Office, Housing Proposal

Brooklyn Daily Eagle
By Dennis Holt

There are many reasons for the two-tiered approach, not the least of which is that the arena is a given element, and everything else is speculative. The clock is ticking, and the Nets, if all goes well for Ratner, will want to tip off in Brooklyn in 2006.

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Posted by lumi at 9:00 AM

Brooklyn Nets Arena Foes Ally with Manhattan Jets Opponents

See Some Elements in Common: Eminent Domain, Highrise Bldgs.

Brooklyn Daily Eagle
By Raanan Geberer

Although these are two separate cases, there are some similarities, such as the planned use of eminent domain to condemn some existing buildings, and the use of public money for construction.

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Posted by lumi at 8:56 AM

Nets May Take the Spotlight, but Traffic`s The Real Deal

Brooklyn Daily Eagle, Editorial
By Dennis Holt

“In order to understand how people travel, we need information in far greater detail than anything placed on the table for review over the last three decades. We need raw data for traffic, transit, and bus operation by time of day for weekdays and weekends; we need surveys of existing land uses in order to divine the travel behavior of new folks using the proposed new development."

Ketcham estimates that such a study will take two years and cost $5 million.

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Posted by lumi at 8:43 AM

The BHA and Brooklyn

The Brooklyn Eagle, Editorial
By Henrik Krogius

Where the BHA may be guessing wrong, however, is in the newslettter’s assertion that the Downtown Plan poses a more immediate impact than Bruce Ratner’s arena project.

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Posted by lumi at 8:41 AM

Island Garden or Basketball City in Brooklyn: WOW!

You will be happy to know that there is $67 million available for an amateur arena to be built in Brooklyn! You can actually have your own Island Garden or Basketball City right in Brooklyn, with a track, swimming pool, basketball courts, concession stands, etc... We'll tell you how RATner has the politicians taking it from you and giving it to him.

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Posted by lumi at 8:30 AM

NYC sets price for West Side MTA land: bupkis

Field of Schemes
By Neil deMause

When last asked how much New York City planned to pay the state-run Metropolitan Transportation Authority for development rights to the West Side rail yards where a new Jets/Olympics stadium would be built, deputy mayor Dan Doctoroff replied: "We need to work out a deal with the MTA for those." Today Deputy Dan's initial offer was revealed: How about, umm, nothing? As reported in Newsday, the city considers its plan to extend the #7 subway line to the new stadium a "land swap" for the MTA development rights, valued at an estimated $1.7 billion; as one unnamed state official put it: "They're getting a subway line for free."

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Posted by lumi at 8:26 AM

Downtown Is Moving East: Go With It, Don`t Oppose It

The Brooklyn Eagle

Testimony at a public meeting earlier this week, Jo Anne Simon, former president of the Boerum Hill Association, said that where Ratner wants to build the arena and other developments is “not in Downtown Brooklyn.”

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Posted by lumi at 8:24 AM

February 14, 2004

Real estate brokers expect arena will up property values

Brooklyn Papers
By Deborah Kolben

While it is not a done deal — Ratner still needs a litany of approvals and faces a potential hurdle of lawsuits — property owners are busy speculating on how the 22-acre project with office towers reaching almost 60 stories tall might affect the selling prices of their homes.

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Posted by lumi at 8:33 PM