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October 13, 2005
Beyond Brooklyn: Ratner’s Stadium
A multibillion-dollar real estate project set to transform a neighborhood. Hopes of job creation and economic revitalization. Fears of displacement and eminent domain. Columbia in Manhattanville? Yes, but also Ratner in Brooklyn.
At the intersection of Flatbush and Atlantic Avenues, developer Bruce Ratner, Law ’70, hopes to build a $2.5 billion complex centered around a new basketball arena for the New Jersey Nets. If the project is completed as expected, it will revolutionize downtown Brooklyn. For better or for worse, it may also revolutionize the way developers and communities deal with each other across New York.
NoLandGrab: Ratner's project will "revolutionize the way developers and communities deal with each other," by using ASTROTURF to substitute for GRASSROOTS community support.
Posted by lumi at October 13, 2005 8:18 AM