February 28, 2008
So, why didn't Forest City Ratner announce the cut planned for Miss Brooklyn?
Atlantic Yards Report
It seems that the flagship Atlantic Yards tower Miss Brooklyn has been cut in bulk, from 908,144 square feet to either 528,000 square feet or, perhaps, with the addition of a hotel of 164,652 square feet, to 692,652 square feet. (It was originally announced at 1.1 million square feet.)
A reduction in some bulk was inevitable, given that the building, once projected to be 620 feet tall, was cut, as the project was approved, to be a sliver below the 512-foot Williamsburgh Savings Bank building.
So why did Forest City Ratner tell investors but not the public?
We're left guessing why developer Bruce Ratner left a major public relations opportunity on the back burner. Was he saving it for a rainy day?
Norman Oder mulls over the possibilities.
Posted by lumi at February 28, 2008 5:36 AM