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December 17, 2008

Keeping up with the Atlantic Yards Construction Updates

Atlantic Yards Report

Well, the Atlantic Yards Construction Update issued by the Empire State Development Corporation (ESDC) for the weeks of December 15 and December 22 is the nearly same as the update issued for the weeks of December 1 and December 8.

There's no work at the Metropolitan Transportation Authority's Vanderbilt Yard. Demolition of 487 and 489 Dean Street "has been completed," whereas previously it "will continue."

That language is worth noting, because the ESDC never announced that work "has been completed" at the railyard.

That's one of the reasons I don't believe the explanation, from the ESDC and developer Forest City Ratner, that lawsuits have stalled work at the Vanderbilt Yard. Also, the explanation defies sworn statements by company executives that work on the railyard could proceed despite litigation.

Norman Oder also notes that Forest City Ratner's AtlanticYards.com web site is no longer being regularly updated. Fortunately, AtlanticYardsReport.com is.

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Posted by lumi at December 17, 2008 5:10 AM