« Has Bruce Ratner adjusted the official location of AY? | Main | Atlantic Yards' Miss Brooklyn is slashed more than 100 feet in massive redo »
May 5, 2008
Opponents say Ratner's time line for Atlantic Yards is pie in the sky
NY Daily News
By Jotham Sederstrom
Local reaction to Bruce Ratner's Sunday Daily News Op-Ed:
Opponents of Brooklyn's Atlantic Yards panned the rosy picture described Sunday by developer Bruce Ratner, calling his 10-year timetable "a departure from reality."
"His project is in serious jeopardy no matter how he spins it," Daniel Goldstein of the anti-Brooklyn Yards group Develop, Don't Destroy Brooklyn said of Ratner's Op-Ed piece in yesterday's Daily News.
...
"When he says he plans to complete his project in 2018, it's simply not credible," Goldstein said. "It means nothing."Councilwoman Letitia James (D-Brooklyn) said Ratner offered no new explanation on how he plans to finance the increasingly costly project.
"It's the same plan without definitive financing," said James.
But the true believers are not swayed:
James Caldwell, president of the nonprofit Brooklyn United for Innovative Local Development, said he continues to back Ratner and the development plan.
"I feel better, especially with the way the economy is right now, that everything is going ahead as planned."
NoLandGrab: The article neglects to mention that the nonprofit Brooklyn United for Innovative Local Development receives financial support from project developer Forest City Ratner.
Posted by lumi at May 5, 2008 5:52 AM