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May 29, 2006

Does Gehry have a stake in the Atlantic Yards development?

Atlantic Yards Report author Norman Oder recently came across a review of Deyan Sudjic's latest book, "The Edifice Complex." The reviewer interviewed Sudjic, who made a point about Frank Gehry that left Oder wondering.

Deyan Sudjic:

Gehry now has the power to name his price. He’s now using his position—and the sense that his signature can transform the prospects of a commercial development—to actually take points in the development, which is fascinating.

Atlantic Yards Report: Now Sudjic was not talking directly about the Atlantic Yards project, the biggest project Gehry ever designed. Does Gehry's enthusiasm for the project extend beyond the opportunity to design his first arena, or a "neighborhood from scratch," as he erroneously said? Does he have a financial stake in the deal beyond his typical fee? We don't know, since it hasn't been discussed publicly, but the question's worth asking, especially given Gehry's assiduous support for the project.

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Posted by lumi at May 29, 2006 11:51 AM