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November 15, 2006

Ratner To Beat Spitzer To The Finish Line

Spitzer-REO.jpgFrom Matthew Schuerman on The Real Estate Observer:

The Atlantic Yards project passed another milestone on Wednesday when the state's economic development agency released the final environmental impact statement, this time reflecting the 8 percent reduction (or whatever you want to call it) that the city Planning Department foisted upon the developer, Forest City Ratner.

The next step is for the Empire State Development Corporation to meet again to approve the general project plan, and then for the now-fabled Public Authorities Control Board to assent -- both of which could happen before Eliot Spitzer is sworn in as governor on Jan. 1.

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Posted by lumi at November 15, 2006 6:52 PM