That's not saying it will get built or that the project is good. Therefore, I have to agree with you.
That's not saying it will get built or that the project is good. Therefore, I have to agree with you.
lol.
Sounds like an OK scenario to me.
I hate to point this out....
Doesn't Ratner still own Metro-Tech? A project he started in 1987, about 20 years ago?
Metro-tech was a similar project requiring some subsidies from the city. He bought out hundreds from their homes, and used eminent domain on the rest.
Yet, here we are in 2007 and he still owns the thing, even if you hate metro-tech, you have to admit.. it has been pretty successful.. the entire complex has a less that 2 percent vacancy rating. So it's not because he couldn't sell the thing. The last building in the Metro-tech complex was completed in 2002.
If Ratner hasn't sold Metro-Tech yet, I don't think he will be so quick to sell Atlantic Yards, especially since this project will be the cornerstone for his company. I would think he would hold on to the higher profile properties, and his record shows that.
And he has the money to build it too.
He does control most of it. Jonathon Muss was responsible for the Marriott and its extension. Ratner is certainly the owner of Metrotech south of Jay Street and he developed the new courthouse north of Jay Street (330 Jay?).
Metrotech has no residential, and thereby offers fewer on-going headaches than projects that include housing.
A bit of an apples <> oranges comparison to AY, IMHO.
AY originally had much more office space that Ratner winnowed down. So it seems he feels residential is the way to go with this project. It would seem quite odd he would make that choice only to abandon the project later.
That's not necessarily a good thing. You guys would be really upset if a new developer hired Kondylis to come finish up.Quote:
This way, it'll look less like one big, common-themed complex because each of the different developers will then use different architects designing the remaining buildings.
Gehry must be slapping himself over this quote:
http://www.newyorkbusiness.com/apps/.../1058/breaking
Quote:
Ms. Burden said she would consider proposals for new skyscrapers that top the 512-foot Williamsburgh Savings Bank, the borough's tallest building.
Late last year, downtown Brooklyn developer Forest City Ratner Cos. bowed to community objections and agreed to shrink the tallest tower in its $4 billion arena/office tower plan -- nicknamed Miss Brooklyn -- so that it would not top the bank building. Designed by project architect Frank Gehry, Miss Brooklyn would have risen to 620 feet.
^ Does this mean Gehry and Ratner can now re-proportion Miss Brooklyn so she's less fat? Or has that battle been irretrievably lost?
It is being redesigned, so it's possible.
But I wouldn't bet on it.
Wasn't part of the perceived problem with Miss Brooklyn's height the proximity to the Williamsburg Bank building?
Regardless, I think Ms. Burden had downtown Brooklyn in mind when she stated her willingness to consider towers taller than Williamsburg Bank, not Atlantic Yards.
Doesn't Atlantic Yards effectively extend "Downtown Brooklyn"?
Ablarc,
We went through this. Atlantic Yards DOES NOT fall into the Downtown Rezoning plan. It is not now nor will it ever be considered a part of Downtown Brooklyn.
Im not so sure about that.
When this project is completed, it will effectively extend Downtown Brooklyn as most people will consider it part of Downtown Brooklyn.
Neighborhoods in New York Change all the time, Park Slope is constantly expanding while Sunset Park has gotten smaller. Many people refer to the area as part of Downtown Brooklyn now... how do you think they will look at the area in 15 years?