« HOOP-LA DIES IN B'KLYN | Main | It Came from the Blogosphere... »
January 26, 2009
Brooklyn Broadside: We’re Beginning To See A Thaw For New Brooklyn Development
Brooklyn Daily Eagle
by Dennis Holt
The Eagle columnist must be inhaling fumes from his kerosene heater.
It is with relief as we start this week that I can see ahead to the end of January. It has been colder than our recent past experiences, but the shortest month of the year cometh, and then there is March.
January has not been short of news here in Brooklyn, most of it meaningful and most of it setting stages for even bigger news later.
...Another major project we will hear something about before long will be the Atlantic Yards. Forest City and the state will probably win the last of the lawsuits, and the only questions about the new arena will be where and when. Other building decisions will be made later once bank money starts coming back into the system.
So, the gloomy January is about to run its course, and all the Brooklyn news is not all that gloomy, as it turns out.
NoLandGrab: Wha? Holt must've had this column in his desk drawer from January 2007, since he seems more or less oblivious to the dire economic consequences facing Forest City Ratner and their Atlantic Yards project.
And what does he mean by "the only questions about the new arena will be where and when." We get the "when" part — though Holt ignores the mounting losses being incurred by the Nets, and the enormous debt payment due next month to Gramercy Capital — but what does he mean by "where?" Newark?
Posted by eric at January 26, 2009 4:25 PM