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April 29, 2008
Time Out Rally in the News
The Real Deal, Pols to rally for Atlantic Yards halt
Several politicians will attend a Saturday rally that will call for halting Bruce Ratner's massive Atlantic Yards project in Brooklyn so that it can be re-examined. The rally's sponsors, BrooklynSpeaks, the Council of Brooklyn Neighborhoods and Develop Don't Destroy Brooklyn, want Gov. David Paterson to call a "timeout" because they say the struggling project will demolish buildings and displace residents and businesses with no definite plans to build.... On Friday, The Real Deal reported that Ratner has been approached by New Jersey investors and public officials who want him to relocate the Nets, who are supposed to move from the Meadowlands to Atlantic Yards, to the new Prudential Center in downtown Newark instead.
Runnin' Scared [The Village Voice], April Showers Bring Rally Calling for Atlantic Yards 'Time Out'
As the economy falters and the credit markets tumble, the initial Atlantic Yards proposal estimated at $4 billion, including much hyped affordable housing, appears to have shriveled to a $950 million arena and a few smaller residential buildings, prompting unnecessary demolitions in the Prospect Heights neighborhood.
A collaboration of community groups—Brooklyn Speaks, the Council of Brooklyn Neighborhoods, and Develop Don’t Destroy Brooklyn—wants Governor Paterson to put a freeze on all Atlantic Yards activities until a more sensible solution can be determined.
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For a deeper glimpse into how the other side spins, catch Atlantic Yards mega-developer Bruce Ratner one-on-one with NY1’s Bud Mishkin tonight at 8 p.m.
Posted by lumi at April 29, 2008 5:29 AM