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December 20, 2007

Happy Anni Adversary?

Today marks the first anniversary of the Public Authority Control Board's vote to approve Atlantic Yards

It's been a whole year since representatives of Governor George Pataki, Assembly Speaker Sheldon Silver and Majority Leader Joseph Bruno took all of five minutes to approve Bruce Ratner's Atlantic Yards project.

Here's a sampling of what was being said on December 20, 2006. From the FCRC press release, and the lips of the Brucester himself:

“Three years ago we joined the Mayor and Borough President, and officials from throughout Brooklyn, to unveil a work in progress. Today, we’re excited to have completed the public review process and thrilled at the prospect of breaking ground and making Atlantic Yards a reality."
Finally, Mr. Ratner commented on the Nets pending move to Brooklyn and their current home at the Continental Arena in New Jersey. The Nets are expected to move to Brooklyn in time for the start of the 2009-10 NBA season.

NoLandGrab: Or maybe not in 2009.

Here's what Brooklyn Borough President Marty Markowitz had to say:

"Brooklyn’s bright future is indeed here today. I am thrilled with the PACB approval of the Atlantic Yards plan. This means our borough will soon be benefiting from thousands of union jobs, affordable housing, an enhanced and vibrant downtown, and our much-anticipated return to sports' major leagues.
Add to all of this the project’s world-class architecture, on-site school, street-level shopping, and accessible public open space, and you can see why Atlantic Yards is the right project, in the right place, at the right time for Brooklyn.”

NLG: "Soon" is apprently a relative term.

And the Mayor?

"Today’s approval of Atlantic Yards is the final step towards starting work on this enormously important project."

NLG: "Enormous?" Yes. "Starting work?" Not so much.

DDDB appears to have been a bit more accurate in its forecast:

The viability of the largest sole-sourced project in New York’s history will ultimately be determined by federal and state courts.

Those courts have yet to issue definitive rulings.

Develop Don't Destroy Brooklyn explains that Bruce Ratner is busy doing stuff on the railyards, but he's not getting very far:

As we think back to that swift, uninformed vote by representatives of the three men in a room, we see a stalled project: infrastructure activity is occurring in the Ratner-selected footprint, and demolition has taken place on some of the buildings the developer owns, but there appears to be a lot of soil pushing and dirt shifting on the rail yards. As of today, the construction of the project hasn't moved forward, and cannot move forward.

One year after political approval, and the project seems to be failing. The project is stale. And the markets don't look promising for the overly-dense behemoth.

Posted by lumi at December 20, 2007 4:33 PM