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April 11, 2006
Ratner's "Atlantic Yards News" claims project-lite
Ratner's at it again. Those who filled out and sent back the little card for their free gift from Forest City Ratner's first direct-mail flier, were treated to the next installment of Ratner's "Atlantic Yards News."
Still making hollow claims, Forest City Ratner is running last week's headlines that the project was reduced, failing to mention that Atlantic Yards is now bigger than in the original plans unveiled in 2003.
Even NY1 became uncomfortable enough with their original headline that they changed it to "Nets Sports Complex Plans Scaled Back, According To Developer."
April 10, 2006
In the past few weeks there has been new information released about the Brooklyn Atlantic Yards development, the future home of the NBA Nets team. In an attempt to provide you with more information about the development, the following is an overview of the news and links to recent articles about the Atlantic Yards development.
FORCED TO MOVE, SOME FIND GREENER GRASS – NY TIMES
In an article today (April 10th), The New York Times takes a look at some of the people who live, or used to live, in the development’s footprint and what the developer, Forest City Ratner Companies (FCRC), is doing to help ease the transition.
The article entitled, “Forced to Move, Some Find Greener Grass”, provides insight into people’s experiences with FCRC. It also looks at places like 636 Pacific Street - one of the buildings located in the development footprint - where profits for the owners ranged from 90 percent to 165 percent, though they lived in the apartments for only a short time [NLG Note: The wealthy homeowners with the most clout got the biggest windfall.]. To view the entire Times article, please click here.
FINAL SCOPING DOCUMENT RELEASED
On Friday, March 31st, the Empire State Development Corporation (ESDC) released the Final Scoping document for the Atlantic Yards development. The Final Scope revealed that the development has been reduced by 475,000 gross square feet and has been lowered by 231 feet. In addition to the height and density cuts, the buildings have also been narrowed and slimmed to reduce bulk, which has allowed for more open public space on the ground. None of the 2,250 affordable residential units were affected by the cuts.
The following are links to some of the media coverage about this announcement. To view the Final Scoping Document please visit the following page.
NY Times - ARENA COMPLEX SHRINKS BY 5% IN LATEST PLAN
NY Post - NETS ARENA WILL LOWER ITS PROFILE
NY Daily News - ATLANTIC YARDS IS GIVEN A TRIM
Brooklyn Daily Eagle – FOREST CITY’S REVISED PLAN: THE DETAILS
NY1 – DEVELOPER SCALES BACK NETS SPORTS COMPLEX PLANS
Posted by lumi at April 11, 2006 7:32 AM