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January 12, 2006

Stuckey says...

TimesRatnerReport and The Real Estate Observer attended Rev. Jesse Jackson's minority business forum, "Real Estate Development in the 21st Century: Revisiting Opportunities for Minority Developers."

TimesRatnerReport, FCR's Stuckey: no under-arena parking, Gehry's (sort of) a free agent
After the forum, TimesRatnerReport got some answers about venue parking and Frank Gehry's community relations conundrum, from Forest City Ratner Executive VP Jim Stuckey, who was "cordial enough to answer some questions."

The Real Estate Observer, Blight, Revised
The Observer's Matthew Schuerman quoted Stuckey on the issue of gentrification and pointed out that it may affect the perception of "blight:"

“There’s always gentrification taking place in parts of Brooklyn. One could argue it’s a phenomenon—if you look at the people who have come out and opposed the project, they’ve only been in the neighborhood for a few years.”

Characterizing opponents as newcomers will surely push a few buttons. On the other hand, it's an admission the neighborhood is "improving" on its own.

Posted by lumi at January 12, 2006 9:19 AM