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December 9, 2008
Atlantic Yards Work Grinds Down, But What Does It Mean?
Brooklyn Daily Eagle
The Eagle publishes an in-depth investigation of the Atlantic Yards work stoppage.
During the past few days, several blogs run by opponents of Forest City Ratner’s Atlantic Yards project have run items saying that the developer has stopped work on building a new rail yard for the Long Island Rail Road, part of the project. They have pointed to this as a symptom of Forest City’s being bogged down by financial problems. However, a spokesman for Ratner says that the company has merely “gone as far as it can go” with preliminary work and demolition. “Once [a pending court case] is resolved we will be well positioned to begin the construction of phase-one of the project, including the Barclays Center,” he said.
NoLandGrab: The unfailingly pro-Atlantic Yards Brooklyn Eagle appears to have “gone as far as it can go” in getting to the bottom of this story. Kinda like the Vanderbilt Yard Bridge to Nowhere.
Posted by eric at December 9, 2008 10:08 AM