« Seeking school at Ratner site | Main | Groups Back NLDC's Eminent Domain. Cities, States File Briefs For Case In High Court »

January 25, 2005

Ratner Considers Increased Housing. May Alter His Plan for the Atlantic Yards.

The NY Sun:

Bruce Ratner is said to be considering a plan for his Atlantic Yards development in Downtown Brooklyn that could increase the number of new apartments while shrinking the amount of new office space. No exact figure has been determined, although a final plan should be decided in the next several months for the 21-acre, $2.5 billion complex, which would include a basketball arena for the New Jersey Nets.

A potential glut in the commercial office market, with the rezoning of Downtown Brooklyn, the rebuilding of Lower Manhattan, and the rezoning of the far West Side, has not been a factor in the decision to rethink the balance of commercial and residential units in the development, Mr. Stuckey said.

article

Posted by lumi at January 25, 2005 6:32 AM