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March 21, 2005
MTA unlikely to net more Brooklyn bids
Crain's via NewYorkGames.org:
Don't expect anyone to pull a Cablevision in Brooklyn even if the Metropolitan Transportation Authority solicits other bids for Atlantic Yards
...
[I]nsiders say the prospect that other developers will contend for the project is very small. For one thing, the Brooklyn development is much more complicated than the proposed West Side stadium, since it requires the actual relocation of the rails. For another, developer Bruce Ratner owns most of the land around Atlantic Yards. What he doesn't own is in the hands of another developer, Shaya Boymelgreen, who just signed a deal with Mr. Ratner to build a hotel on the property.
Posted by lumi at March 21, 2005 8:33 AM