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March 31, 2009

Chuck Ratner and Frank Gehry On Hope and Real Estate Development

Develop Don't Destroy Brooklyn

"Hope is not a plan."
-- Chuck Ratner, Forest City Enterprises President and CEO on the tough economic times during today's 4th Quarter conference call

Last week, former Atlantic Yards archtiect Frank Gehry, referring to Atlantic Yards, said, "I don't think it's going to happen."

The next day the NY Post reported:

Gehry later backtracked through a publicist, saying his comments to the trade publication were "misconstrued as a prediction" about the project and that he remains "hopeful it will come to fruition."

link

Posted by eric at March 31, 2009 8:41 PM