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December 10, 2008

On five-year anniversary of AY announcement, CBN calls for audit

Atlantic Yards Report

As a prelude to today's Council of Brooklyn Neighborhoods (CBN) press conference marking the 5th Anniversary of Atlantic Yards' design reveal and calling for complete state and city audits of the stalled project, Norman Oder links a past post surveying the controversy on the third anniversary, and brings us up to date:

A lot has happened--and not happened--in the last two years, and some highlights are in the left-side band of this blog. A stall in work at the Vanderbilt Yard. An IRS ruling grandfathering in tax-exempt bonds. Hearings on sports facility finance held by Rep. Dennis Kucinich. The revelation of City and State Funding Agreements. Ongoing battles in court. Brooklyn at Eye Level. Prospect Heights landmarking. Missing trees. A mysterious market study. New Gehry designs. "Brooklyn Day." The demolition of the Ward Bakery. Delays in the groundbreaking. Delays in the projected arena opening date.

It goes on and on and on.

The Gowanus Lounge, GL Day Ender: Five Years of Atlantic Yards Fun, Tomorrow

We love anniversaries because they can be so meaningful. Well, tomorrow (12/10) marks the Fifth Anniversary of the announcement of the Atlantic Yards project. For those who enjoy taking trips down memory chain, we highly recommend the Curbed Atlantic Yards Timeline of Despair, which only runs through this spring, but rather hits on many of the key moments since the troubled (officially halted) project was pronounced “a done deal.” The official announcement was for millions of square feet of office, residential and arena space to take over the Vanderbilt Rail Yards in Prospect Heights. Bruce Ratner predicted his Nets arena would open in 2006. Oops.

Posted by lumi at December 10, 2008 6:00 AM