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January 17, 2006
Jobs at Atlantic Yards: overpromised from the start (and here's another reason)
TimesRatnerReport sifts through reams of reports to find that the numbers show that the demand for office space in Brooklyn is dubious and falling, and that Brooklyn's biggest developer, Forest City Ratner, probably knew that all along.
[The Downtown Brooklyn Plan's] November 2003 Draft Environmental Impact Statement suggests that Forest City Ratner should have known that the market for additional office space was questionable, even office space well-located at a transit hub, as at the proposed Atlantic Yards. But the slogan "(Temporary Construction) Jobs, Housing, and Hoops" wouldn't work as well.
Posted by lumi at January 17, 2006 7:43 AM