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February 24, 2010

Luxury suites at the Atlantic Yards arena: from 170 (2006) to 130 (2008) to 100 (2009) to 104 (2010)

Atlantic Yards Report

On Tuesday the Nets announced yet another effort to sell luxury suites at the Atlantic Yards arena/Barclays Center, and earlier today I pointed out a slight uptick since September in the number of suites, from 100 to 104.

However, we should remember how the number has decreased, overall. In the KPMG report prepared in 2006 for the Empire State Development Corporation, the Nets were estimating 170 suites, though analysts were skeptical.
...

Indeed, by May 2008, the number of suites had been cut to 130.

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Posted by eric at February 24, 2010 5:52 PM