In a matter of months the Nets will be playing ball at the corner of Flatbush and Atlantic, as envisioned more than eight years ago by developer Bruce Ratner. British financial firm Barclays will pay 400 million dollars over the next 20 years to secure naming rights to the stadium. But the rest of Atlantic Yards’ promise has yet to be fulfilled. Given the deep disagreement the project prompted, what does that mean for Brooklyn?
The developer Forest City Ratner and the construction firm Skanska have had a bitter parting of ways over a stalled construction project. But both say they still believe in the pioneering pre-fab approach it took.
It might just be a nasty business dispute. But the brouhaha between Forest City and Skanksa over delays and alleged design flaws at a planned modular tower could also affect whether pre-fabricated structures are seen as a viable way to build affordable housing in New York.
Affordability in next two buildings skews to households earning six figures; pattern suggests more all market-rate towers; new emphasis on larger units.
As the Atlantic Yards project slowly moves toward implementing the community benefits agreement that secured its approval, a lottery will be held for 10 events, sponsored by nonprofit groups, in arena spaces.
The developer has pushed back for a second time the formal start of construction on a new railyard, raising new questions about the timeline for promised housing.
The developer defrayed the city’s costs, helping to save the treasured ride but amplifying questions about whether private donations to favored causes influence policymakers.
Atlantic Yards said thousands of cheap seats would be available for each home game. But fans are having a lot of trouble tracking down those promised discounts.
Documents reveal tense negotiations between city housing officials and Forest City Ratner over the kind of affordable housing the first Atlantic Yards residential tower will provide. Turns out it’s different from what the developer promised.
Brooklynites who fought against the Atlantic Yards development shared lessons they learned with Bronx residents who are resisting a different city-subsidized development deal.
In a matter of months the Nets will be playing ball at the corner of Flatbush and Atlantic, as envisioned more than eight years ago by developer Bruce Ratner. But the rest of Atlantic Yards’ promise has yet to be fulfilled. Given the deep disagreement the project prompted, what does that mean for Brooklyn?
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