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May 8, 2009

East River Plaza Progress

what about the plastic animals

Here's one local Forest City Ratner project that's actually progressing (photo from WATPA).

It has been more than a year since we've checked on the East River Plaza. The huge downscale mall, currently lists Target, Best Buy, Marshalls and Costco as future tenants. The mall is expected to open by year's end. One of the developers, Blumenfeld Development Group, lost a lot of money to Bernie Madoff's ponzi scheme. The other developer, Forest City Ratner, has been tossing money away on their Atlantic Yards monstrosity. That may be good for East Harlem as the East River Plaza looks plainer and not nearly as hideous as the early renderings.

link

Posted by eric at May 8, 2009 12:14 PM