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December 22, 2005
DEMOLITION MAN
Ratner preps Atlantic Yards site
The Brooklyn Papers
by Ariela Cohen
Workers wearing gardening gloves and knit caps arrived at the moody Samuel Underberg Building at the intersection of Atlantic and Flatbush avenues around 11:30 on Tuesday morning to begin what will be a months-long process of removing toxic asbestos and then demolishing the 19th-century structure.
...
The buildings — all owned by Ratner or in contract to be sold to him — will be demolished before the mega-project is even approved.
The article makes this specious claim without divulging any sources:
Ratner owns 92 percent of the residential properties within the footprint of his project. Remaining building owners are quickly selling out.
DDDb's Dan Goldstein is quoted that, "the condemnations could start as early as May or June." The condemnations are for properties where owners aren't "quickly selling out" to Ratner.
Posted by lumi at December 22, 2005 6:49 AM