January 6, 2009
Besides major lawsuits, other expected litigation could delay arena construction
Atlantic Yards Report
Attorney George Locker isn't finished suing to block the Atlantic Yards project, and those pending and potential lawsuits could delay arena construction by two more years.
Besides pending major lawsuits over eminent domain and the Atlantic Yards environmental review, which may be resolved this year, other expected litigation may delay the start of arena construction, perhaps into 2010 or 2011. That means the best-case arena opening date could be 2012 (as I’ve already argued), or 2013, rather than the announced 2011.
That estimate comes from attorney George Locker, who represents tenants in two Atlantic Yards arena block footprint buildings. Without an assessment by the Empire State Development Corporation (ESDC) or independent authorities, I can’t be sure if the timetable estimate is solid, but it should certainly be part of the conversation.
Posted by eric at January 6, 2009 10:34 AM