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September 1, 2005
Atlantic Antics
The Real Estate Observer
by Matthew Schuerman
The Observer takes a look at the "double secret" MOU (dubbed "MOU2") and clarifies what it means for Ratner's ill-conceived eyesore and financial disappointment in Fort Green, the Atlantic Center Mall. If you can believe Ratner flunkie Joe DePlasco (a.k.a. "Joey from Cobble Hill" when he calls local talk shows), he "emphasizes that Forest City has not developed alternative plans."
NoLandGrab: The Observer missed the part that made Park Slopers go ballistic called "Site 5." MOU2 heralds the creep of the project over Flatbush Ave. The PC Richard and Modell's would be razed to build highrises butressing Sloper's precious brownstone neighborhood.
So now, that makes a total of three historic brownstone neighborhoods that are privileged to host Ratner/Gehry highrises.
Posted by lumi at September 1, 2005 7:48 PM