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November 11, 2007

And what if the city treated Ratner like Sitt?

Atlantic Yards Report

The city's plan to have developer Joe Sitt, who owns much of the Coney Island amusement area, swap that land for city land to the west for high-rise housing development, doesn't mention eminent domain, as I pointed out on Friday, but there's another intriguing contrast.

Consider the New York Times's coverage Friday of the Coney Island rezoning:
[Deputy Mayor Dan] Doctoroff said yesterday that the city wanted to find an experienced, world-class amusement park operator to run the district, which is “a very different business than building a shopping center.”

“He doesn’t have the experience to do it,” Mr. Doctoroff said, adding that the city expected Mr. Sitt to play a role in building housing or retail just outside the amusement park.

And what if the city (and state) had said that Forest City Ratner, experienced, yes, in mixed-use developments with office space and retail, but not in building an arena and housing, wasn't appropriate for the Atlantic Yards project?

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Posted by amy at November 11, 2007 10:11 AM