« In Lipsky guilty plea, no mention of Forest City Ratner connection | Main | Bollard plans approved by DOT, but only after new technical memo saying sidewalk with effective width in one spot of just two feet would be OK »

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.

article

Related coverage...

Atlantic Yards Report, Big jump in workers at Atlantic Yards site reported by real estate consultant, but 645 still doesn't match 779 reported by Forest City

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.

FCR's numbers

In mid-November, Forest City Ratner told the New York Daily News and Patch that there were 779 workers on site as of November 11.

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