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March 9, 2006

RFPs & RFEIs--but not for the Atlantic Yards project

Atlantic Yards Report notes the Request for Proposals (RFPs) and Request for Expressions of Interests (RFEIs) that have recently been making real estate development news. By connecting the dots to Empire State Development Corporation Chairman Charles Gargano's own words, Atlantic Yards Reporter Norman Oder draws the following conclusion:

By contrast, the MTA did not issue an RFP for the Vanderbilt Yard--the main public property contained in the proposed Atlantic Yards footprint--until 5/24/05, nearly 18 months after the Atlantic Yards plan was announced on 12/10/03. The ESDC never issued an RFEI. That means that developer Forest City Ratner had been in discussions with city and state agencies for an even longer period of time. That process hardly parallels the ones mentioned above.


Posted by lumi at March 9, 2006 7:01 AM