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March 20, 2010
Brooklyn Broadside: Major Development Projects Proceed Quickly in Brooklyn
Brooklyn Daily Eagle
by Dennis Holt
Dennis Holt is someone who never met a real estate development he didn't like. (He'd rather someone just hurry up and build on the banks of the Gowanus Canal rather than waste time cleaning up a toxic site.) He takes a look into his credulous crystal ball and predicts buildings without plans occupied with tenants who can't be found.
During this first quarter, as just about everybody knows, holes were dug for the official birth of Atlantic Yards and the sports arena. Thus, movement begins, after so long a delay, on what promises to be the second core center of Downtown Brooklyn.
The old, first core is itself being revamped — it started more than 20 years ago with MetroTech — and the new core already consists of the Atlantic Center and Atlantic Terminal, the office building and P.C. Richard. It is only a matter of time before an anchor tenant comes forth to permit building a commercial building, probably above the P.C. Richard store.
NoLandGrab: Bruce Rather says: "Can you tell me when we are going to need a new office tower?"
Posted by steve at March 20, 2010 7:56 AM