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December 19, 2008

Would Gehry's staffers come back after the credit markets unfreeze?

Atlantic Yards Report

The Architect's Newspaper warns against reading too much into Frank Gehry's laying off staff members working on the Atlantic Yards project.

AN's Matt Chaban quotes Kermit Baker: "What we’re seeing, as a result of the credit freeze, is a lot of projects, even a lot of good projects, being put on hold. Once the credit markets begin to unfreeze, though, a lot of this work will come back."

Baker was not speaking directly about AY, but Chaban suggests that situation could apply.

That's plausible. Then again, Forest City Ratner could have been a lot more enthusiastic in talking about the issue. Why not say Gehry's on sabbatical?

Chaban also warns not to read much into Gehry's unwillingness to comment, calling it par for the course.

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Posted by lumi at December 19, 2008 4:39 AM