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June 9, 2009
Bloomberg Lauds Change to Atlantic Yards Arena
GlobeSt.com
After collecting responses to the preview of the new arena design from political boosters and one detractor, reporter Paul Bubny notes that the architecture isn't the only bait and switch:
During his weekly radio show, Bloomberg said that thanks to the lower cost of the Ellerbe Becket plan for the Barclays Center Coliseum, lining up financing for the Brooklyn mega-project would be possible. "It looks like it will go ahead, which is great," he said.
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Also being scaled back is the upgrading on the Long Island Rail Road’s Vanderbilt Yard, which FCRC is performing as part of its deal with the Metropolitan Transportation Authority for air rights over the yard.
NoLandGrab: A "scaled back" replacement railyard should be added to the list of dwindling public benefits from the project.
Posted by lumi at June 9, 2009 6:00 AM