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April 1, 2008

City Announces Huge April 1 Toll, Thor, Ratner Land Swap

Gowanus Lounge

Breaking news on a major city initiative intended to jump start several Brooklyn development projects.

Gowanus Lounge has learned that the city has engineered a huge land swap to simultaneously address major Gowanus, Atlantic Yards and Coney Island development issues. "Sometimes things don't work out the way we'd like and we all have to deal with it," Mayor Michael Bloomberg said in announcing what he called the Brooklyn Three Way. The Three Way was worked out by departed Deputy Mayor Dan Doctoroff, who brokered the arrangement as a volunteer working while on a business trip in Japan. The City Ethics Board okayed Mr. Doctoroff's shuttle diplomacy.

The broad outline of the arrangement is that Mr. Sitt, who is reviled in Coney Island, will replace Mr. Ratner, who is disliked in Prospect Heights, Park Slope and other surrounding neighborhoods. Mr. Ratner will, instead, develop Gowanus, freeing up the Toll Brothers, for whom there is little neighborhood love, to work in Coney Island, where they have no known opponents. Mr. Doctoroff acknowledged, however, that Mr. Ratner would have some remedial work to do on his image in Gowanus.

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Posted by eric at April 1, 2008 2:12 PM