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December 16, 2008

NY Mag: "Because Sometimes Immense, Gratuitous, Noncontextual Acts of Real-estate Ego Don’t Pan Out…"

Atlantic Yards Report

While acknowledging that developer Forest City Ratner still has some momentum, New York Magazine writer Robert Kolker concludes that "At the moment, the old neighborhood is winning."

The occasion: the magazine's Reasons To Love New York 2008 package, in a short article headlined Because Sometimes Immense, Gratuitous, Noncontextual Acts of Real-estate Ego Don’t Pan Out….

Perhaps the neighborhood is winning in that Ratner has been thwarted somewhat, but a neighborhood doesn't win when demolition of viable structures creates indefinite empty lots.

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Posted by lumi at December 16, 2008 5:50 AM