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September 29, 2006
It came from the Blogosphere...
The Real Estate Observer, Thursday: Timeshares, Booze, Bankruptcy; All Brought To You By the Number 8!
This post was brought to you by letters REO and the number 8:
Hilariously, Forest City has unanimously approved the City Planning Commission's suggestion to reduce the Atlantic Yards development by 8%. Earlier this week we were under the impression that an 8% cutback in size--try and follow the logic here--meant an 8% cutback in size. But apparently the newly "reduced" plan is exactly what the developer had in mind way back in 2003. (Check the bottom comment here for some wise foresight). (NY1)
Crain's Cleveland, Editor's Choice, 'The Manhattanization of Brooklyn'
The editors at Crain's in Bruce Ratner's hometown took note of the NY Times article on the well choreographed Atlantic Yards "scaledown," though they don't mention that the project is now pretty much the size that was originally proposed.
It appears Forest City Ratner Cos.’ Atlantic Yards project in Brooklyn has gotten a little smaller.
Bird to the North, Time Warner Building, 2 years later and the state of local retail
A visit to the Time Warner "vertical retail expression" (aka "mall") and a panel discussion held by the Municipal Art Society yielded some additional questions:
I left before the bitter end of the Q&A, so I remain puzzled: what is going on with the development community and the Planning Department that major mixed-use developments like Atlantic Yards, Flatbush Nostrand Junction, East River Plaza, and Bronx Terminal Market continue to prefer non-New York-based chains when everyone seems to like local? It seems that private and public sectors want local to stay - so is the City's rich retail fabric being unravelled by free market weavers?
Daily Politics, The Worst Thing About Atlantic Yards
On Frank Gehry from Ben Smith's style section:
Does Brooklyn really want to be cross-branded with Tiffany anyway?
Only the Blog Knows Brooklyn, AY SCALE DOWN?
OTBKB posts an NY1 article about the "scaledown" and asks, "What does this mean?"
A: It means that the project is now just about the same size as originally proposed in 2003.
Posted by lumi at September 29, 2006 6:44 AM