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May 16, 2009

It Came From the Blogosphere...

Not Another F*cking Blog, Atlantic Yards one step closer to reality?

Unfortunately, Goldstein et al. v. Empire State Development Corporation (ESDC) was dismissed by a state appellate court in an unanimous opinion. Norman Oder (producer of the always comprehensive Atlantic Yards Report) breaks it down here.

Although this setback wasn’t surprising or unexpected, it’s still disappointing.

This dismissal doesn’t mean that shovels will be in the ground any time soon near what might be center court. The almost certain appeal of this decision, in addition to the upcoming State Senate public hearing, not to mention the not-so-small problem of actually finding the money to build a $4 billion development in this climate, among other hurdles, will keep things pretty quiet here in the footprint for the foreseeable near future.

Only the Blog Knows Brooklyn, Breaking: Appelate Court Rules Against Home, Business Owners and Tenants in Atlantic Yards Eminent Domain Lawsuit

At a time when many local politicians and citizens would likely describe Bruce Ratner's Atlantic Yards project as the biggest real estate boondoggle in NYC development history, a New York State Appellate Division (Second Department) panel of 4 judges ruled against nine Brooklyn homeowners, business owners and tenants who had filed a lawsuit to stop New York State from seizing their homes and businesses by eminent domain to benefit developer Bruce Ratner for his indeterminate and uncertain development proposal known as Atlantic Yards in Prospect Heights, Brooklyn. (The ruling in Goldstein et al. v. Empire State Development Corporation is here.)

The plaintiffs will appeal the ruling to the Court of Appeals.

Posted by steve at May 16, 2009 6:36 AM