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July 10, 2009

The Court Date Is Set for Atlantic Yards in Brooklyn

Brooklyn Daily Eagle
by Ryan Thompson

The state’s highest court has chosen a date to consider the constitutionality of Atlantic Yards. Oral arguments are set for Oct. 14 at 2 p.m.

Regardless of what the New York Court of Appeals decides, the multibillion dollar project will likely be delayed until at least winter, based on this schedule.

After oral arguments on Oct 14, a decision from the court is expected to be issued in November or December, meaning that resolution of the eminent domain issues and transferring of title likely won’t happen until sometime next year, assuming that the court finds the use of eminent domain to be constitutional.

Developer Bruce Ratner, facing financial deadlines, had vowed to break ground on the Barclays Center basketball arena in the fall. That now appears impossible, according to the court’s scheduling of the case.

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More coverage...

NorthJersey.com, Court date set for Atlantic Yards project

The state’s highest court agreed June 30 to consider the case, in which Brooklyn residents, led by Daniel Goldstein, and several businesses located within the footprint contend that the use of eminent domain to remove holdouts from the project’s footprint would violate the New York state Constitution.

Posted by eric at July 10, 2009 9:33 AM