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September 28, 2008
How's That Anchor Tenant Search Going for Ratner's Atlantic Yards?
Develop Don't Destroy Brooklyn
Atlantic Yards developer Bruce Ratner has said in the past that his firm would not build the proposed project's signature tower "Building 1" née "Miss Brooklyn" until there is an anchor tenant. That proposed building would include 650,000 sf. of office space.
How is that going to fly when it is reported that the downtown Manhattan real estate market is faring badly, let alone the "near Downtown Brooklyn" market? Ratner has resorted to direct mail solicitations this year, but DDDB thinks he might have to go further:
If cold calling and networking parties don't work, what's next: begging on hands and knees in-person?
Posted by amy at September 28, 2008 2:48 PM