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March 9, 2007

Bruce’s Yards built on lies

Brooklyn Papers, Editorial

Almost every week brings more evidence that Bruce Ratner’s Atlantic Yards mega-project is built on a foundation of deception.

This week’s example comes in the form of Judge Ira Harvavy’s ruling that Ratner acted improperly when he made a back-room deal with another developer to get control of a privately owned building that stands in the way of his $4-billion mini-city.

And don't forget what happens when developers get too much sun:

Atlantic Yards–watchers should also be interested in another piece of news this week. Down in Florida, two executives from Bruce Ratner’s parent company, Forest City Enterprises, admitted that Atlantic Yards won’t be completed until at least 2022 — six years after Ratner has promised.
...
If then, of course. Forest City Enterprises Vice President Bob O’Brien admitted, “We are terrible” at projecting dates for completion of projects.

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Posted by lumi at March 9, 2007 7:19 AM