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April 3, 2009

With clock ticking from March to April, AY backers' estimates need revision

Atlantic Yards Report

In recent months, two supporters of Atlantic Yards have suggested that March stood as a deadline for legal cases to be resolved.

While the case challenging the environmental review was dismissed, the plaintiffs are trying for an appeal. The eminent domain case is still pending.

It's unclear why March represents some sort of cutoff, regarding the viability of the project, to Crain's NY Business editor Greg David. However, back in December, Nets CEO Brett Yormark mentioned March as some sort of milestone as well.

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Posted by lumi at April 3, 2009 5:54 AM