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May 19, 2009
Ratner courtroom win loose ends
Here are some late links and reports on the decision, released last Friday, in the state eminent domain suit:
The Cleveland Plain Dealer, Forest City cheers Atlantic Yards ruling, plans to break ground this year for Nets arena in Brooklyn
There is crack reporting and reporting on crack —
Plain Dealer real estate reporter Michelle Jarboe filed a story largely based on the press release and The NY Times.
"We're thrilled with this decision, which is the 23rd in a row in favor of the development," Bruce Ratner, chairman and chief executive officer of Forest City Ratner, said in a statement.
NoLandGrab: Ratner is obviously ignoring the loss in court just the week earlier over his attempt to weasel a lease out from under the nose of property owner and landlord Henry Weinstein.
PR Newswire, Forest City Statement on Appellate Division Eminent Domain Ruling
"We're thrilled with this decision, which is the 23rd in a row in favor of the development," Ratner said.
SmartBrief, Developer will break ground on Brooklyn arena in October
A synopsis of the NY Times story:
Developer Bruce Ratner plans to start construction on an $800 million basketball arena in Brooklyn for the New Jersey Nets in October. Ratner's announcement came shortly after he learned that a state appeals court dismissed challenges to his development. The project, dubbed Atlantic Yards, would also include an office tower and apartments. New York Times, The (05/15)
NoLandGrab: In Friday afternoon's press blitz, Bruce Ratner claimed that groundbreaking would occur in October, September, "this summer" and "this year." This is what happens when you are not used to telling the truth — lying, like smoking, is habit-forming.
CoStar Group, Forest City’s Planned NJ Nets Arena Clears Another Legal Hurdle
Another item based on the Forest City press release.
About.com, A Win for Ratner
Blogger Kristen Goode wonders if, despite Ratner's win in court, the project will ever get built:
We've been getting mixed messages from Ratner's camp for years now, and while Ratner still claims that he's going to break ground in the coming months, I have my doubts (and honestly hope that his "soon" translates to "never"). What do you think? Are the Atlantic Yards dead?
NoLandGrab: Based on this roundup, it's no small wonder why the print media is in despair and bloggers are getting a lot of attention these days. Does the public really need several reporters to rewrite a press release, when it is available for free?
Posted by lumi at May 19, 2009 5:38 AM