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December 22, 2009
Mayor Touts Council O.K.'s for West Side Yards, Broadway Triangle; Rebukes Kingsbridge Rejection
The New York Observer
By Eliot Brown
The proposed Atlantic Yards project gets a mention as a project that may happen soon, although there's no more market for office space or condo's than for the other large projects listed. The ESDC, the tool of developer Bruce Ratner, has put all of its efforts into seeing that an economically questionable arena gets built.
Speaking to reporters, the mayor ticked off a list of projects he put under the banner of progress: Coney Island, Willets Point; Hunter's Point South in Queens; Homeport in Staten Island.
"For decades, leaders have tried to tap the potential of these projects, but they're actually getting done now," he said. "These projects are leaping off the drawing boards and into reality. They're creating jobs for New Yorkers and affordable housing for families."
Such a characterization as "leaping" is a stretch to be sure, as the largest projects, while approved by the Council, now depend on the market, and few, if any, are moving anywhere fast. The city has made some movement in these projects, though no one can realistically expect Coney Island or Willets Point to be developed any time soon. (Then again, the Atlantic Yards project is poised to move forward at the end of the month.)
Posted by steve at December 22, 2009 6:05 AM