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April 30, 2008
Joe Chan, Downtown Brooklyn Shopaholic
The NY Observer
By Dana Rubenstein
Keeping in mind that it is Joe Chan's job to say nice things about Atlantic Yards, the president of the Downtown Brooklyn Partnership stays on message by asserting that the project will get built, no matter how many decades it takes:
Location: About six months ago you released an Ian McKellen-narrated video of what downtown Brooklyn would look like in five years. Given the current economic turmoil, would you release the same video today?
Mr. Chan: Absolutely.
The video cited $9.5 billion in private investment—that included Atlantic Yards?
That includes Atlantic Yards.
So you still think Atlantic Yards will happen?
Yeah, I think it is in the process of happening.
All 16 towers and arena?
The Atlantic Yards was always a project that was conceived as taking a few economic cycles to fully realize itself.
Posted by lumi at April 30, 2008 5:28 AM