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May 9, 2010
Let the bulldozers roll
Glen Ellyn & Wheaton Real Estate
by Cindy Voss
Here, when you scroll down the page, in 5 sentences, is the entire Atlantic Yards saga -- as seen through narrow focus of an out-of-town real estate agent.
You know those stories you hear periodically about the homeowner who becomes the last holdout against the mega-developer who’s buying out an entire neighborhood?
Daniel Goldstein bought his condo in Brooklyn for $590,000 in 2003, and didn’t budge when offered a buyout by the developers of the enormous Atlantic Yards project in 2004 — though his 29 neighbors in the building took an offer of about $850 per square foot, according to the New York Post. That would have been about $1 million for Goldstein. But, no, thanks.
Recently, however, he accepted an offer of $3 million.
NoLandGrab: You know the story where a community resists a corrupt land grab? It looks like the author of this blog entry doesn't.
Posted by steve at May 9, 2010 7:00 AM