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January 5, 2012
New report: for three months, arena has been (slightly) behind schedule; completion date for arena nudged back; site work could continue almost to Jay-Z concert date
Atlantic Yards Report
Delays are taking their toll on Atlantic Yards construction, with new data from November indicating--for the first time--that the arena is now behind, and had been slightly behind for three months.
Apparently as a consequence, the substantial completion date of the arena has been pushed back a week to 8/30/12, and the substantial completion date of site work (landscaping, trees, sidewalks, bollards, etc.) pushed back a month to 9/25/12, just three days before Jay-Z is supposed to inaugurate the Barclays Center.
The information comes from the latest Site Observation Report, based on a visit of 11/22/11 and documents made available on 12/20/11, from Merritt & Harris, the real estate consultant to the arena PILOT Bond Trustee.
Cause for worry?
The report, dated 1/4/12, indicates that work seems to be proceeding appropriately. Confoundingly, it does not acknowledge in its text that the arena is behind, as a chart indicates.
As of November, there were 645 workers at the Atlantic Yards arena site and Transit Connection, according latest Site Observation Report, based on a visit of 11/22/11 and documents made available on 12/20/11, from Merritt & Harris, the real estate consultant to the arena PILOT Bond Trustee.
Why the discrepancy? There surely are dozens of additional workers at the railyard--not covered by Merritt & Harris. But 134? That seems questionable, given observations by site neighbors.
Posted by eric at January 5, 2012 12:38 PM