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July 30, 2009

Atlantic Yards: A Crash Course

Next American City
by Katherine Mella

Next American City, coming a little late to the Atlantic Yards story, gets the facts mostly right, but nails it in the final paragraph:

Being able to borrow money and raise capital in this fiscal climate has placed the project at a severe disadvantage. And with a less than exciting main attraction, resolute local opposition, and legal and financial hurdles, it is hard to say if Ratner’s Atlantic Yards will ever—or even ought to—come to fruition.

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Posted by eric at July 30, 2009 6:39 PM