New York Newswire

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  1. Advice for DNC Chair on visit to Brooklyn: take a walk around the Barclays Center, and beyondRead the original story w/Photo

    12 hrs ago | Atlantic Yards Report

    Dear Rep. Debbie Wasserman Schultz, I understand, as chairwoman of the Democratic National Committee, you're on a whirlwind tour this week of the potential locations for the 2016 Democratic National Convention: Columbus, Philadelphia, and Brooklyn/New York. I doubt you can see too much in Friday's visit, and I'm confident your hosts can show you a good time and give you the hard sell.


  2. Nearly three years after Barclays Center opens, a first BAM-arena...Read the original story

    Wednesday Jan 21 | Atlantic Yards Report

    From the New York Times, Color Guard Is David Byrne's New Project. Yes, Color Guard.


  3. EB-5 fundraising for 'Atlantic Yards III' invokes 535 Carlton...Read the original story

    Tuesday Jan 13 | Atlantic Yards Report

    The groundbreaking last December 15 for the first Atlantic Yards/Pacific Park tower to be built by the new Greenland Forest City Partners joint venture was not just a showcase for Mayor Bill de Blasio's plan for a "100% affordable" tower, 535 Carlton Avenue. The photo ops also serve to promote "Atlantic Yards III," the third effort by Forest City to raise cheap capital from Chinese investors seeking green cards under the federal government's EB-5 program.


  4. Seeking affordable housing? Some guidance from FAC document and in upcoming seminarsRead the original story

    Saturday Jan 10 | Atlantic Yards Report

    There's clearly a huge demand for affordable housing in Brooklyn, and many of those who seek it need guidance on applying for it. The Downtown Brooklyn Partnership is sponsoring seminars in tandem on various nonprofit groups.


  5. Atlantic Yards/Pacific Park in 2015: a DNC decision, team/arena...Read the original story

    Monday Jan 5 | Atlantic Yards Report

    Yesterday, my 2014 recap . The first thing to remember, as I've said before, is that Atlantic Yards is a "never say never" project.


  6. Changes coming (tomorrow?) in crossing Atlantic at Sixth; smaller...Read the original story

    Dec 29, 2014 | Atlantic Yards Report

    Last Friday, the developers of Pacific Park Brooklyn circulated a Community Notice indicating "Temporary Changes to the Roadway Network on Atlantic Avenue, Sixth Avenue, and Pacific Street Starting on December 30th or 31st, 2014." These changes, notably the shift in crossing Atlantic Avenue from the west side to the east side of Sixth Avenue, were noticed--though the days weren't specified--in the previous Construction Update .


  7. Year of the Sheep: at groundbreaking for new tower, de Blasio and...Read the original story

    Dec 16, 2014 | Atlantic Yards Report

    Next year, a Chinese diplomat reminded onlookers at the ceremonial groundbreaking yesterday for the "all-affordable" 535 Carlton tower--launching the renamed Atlantic Yards as Pacific Park Brooklyn--is the Year of the Sheep. The participants in the groundbreaking dutifully hailed Mayor Bill de Blasio's mantra, "There are very few phrases I like better than 100% affordable housing, so this program is off to a good start."


  8. Before 535 Carlton groundbreaking, new web site promotes...Read the original story

    Dec 15, 2014 | Atlantic Yards Report

    Note previous analysis regarding the claim of "Brooklyn's newest neighborhood," the delay in the promised Atlantic Yards Community Development Corporation, the lack of real affordability in the next two towers, and the already-launched effort to sell condos to Chinese buyers. In the eve of the groundbreaking for 535 Carlton, Greenland Forest City Partners has launched a new web site, .


  9. Studios 'from $400,000': unbuilt Atlantic Yards/Pacific Park condos...Read the original story w/Photo

    Dec 14, 2014 | Atlantic Yards Report

    Also note analysis regarding the claim of "Brooklyn's newest neighborhood," the delay in the promised Atlantic Yards Community Development Corporation, and the lack of real affordability in the next two towers. Keep your eye on the ball.


  10. Dirty secret behind Brooklyn's DNC 2016 bid: likely major impacts ...Read the original story w/Photo

    Dec 9, 2014 | Atlantic Yards Report

    As the Democratic National Committee deliberates among Brooklyn, Philadelphia, and Columbus for the 2016 DNC Convention, there's been a strong effort to portray elected officials and especially Brooklynites as united behind the bid--or, at least, quietly neutral. That happens when political heavyweights--notably Mayor Bill de Blasio and Sen. Charles Schumer, both Brooklynites--drive a moving train.


  11. At the Quality of Life meeting: dismay over parking, new buildings...Read the original story

    Nov 20, 2014 | Atlantic Yards Report

    Last night's Atlantic Yards Quality of Life meeting, held at Brooklyn Hospital near Downtown Brooklyn, contained an update on several issues, including modular construction , but the biggest issues for the audience were the wholesale removal of parking in and around the southeast block of the site, which triggered dismay, as well as an architect's presentation regarding two new towers, which was well-received.


  12. At hearing on bonds for new tower, Forest City executive speaks 'with ...Read the original story

    Nov 18, 2014 | Atlantic Yards Report

    There was nothing new beyond rhetoric at the very brief hearing segment yesterday devoted to tax-exempt bonds for 535 Carlton Avenue, the next building in Atlantic Yards/Pacific Park to break ground. After all, a fact sheet had already been distributed with details about the project, including the request for up to $73 million in tax-exempt bonds, which save the builder significant sums compared to conventional financing, and are part of the financing for affordable units.


  13. A meeting today on tax-exempt bonds for next tower; Quality of Life...Read the original story

    Nov 17, 2014 | Atlantic Yards Report

    As I wrote , there's a public hearing today on tax-exempt bonds for 535 Carlton, built at the corner of Carlton Avenue and Dean Street, the first tower to be built by the Greenland Forest City Partners joint venture , with 298 subsidized apartments. The hearing, which also will cover applications for numerous other tax-exempt bond requests, will be at 11:30 a.m. in the main Conference Room of the New York City Housing Development Corporation , 110 William Street , 10th Floor, in Manhattan.


  14. Changes to intersection of Atlantic and Sixth, including one-way...Read the original story w/Photo

    Nov 13, 2014 | Atlantic Yards Report

    Starting next on or around next Tuesday, 11/18/14, the work on the arena green roof and west portal for the Vanderbilt Yard will require several temporary changes to the roadway network, as well as two nights of overnight work, according to the developers of Atlantic Yards/Pacific Park Brooklyn. This was not part of the two-week Construction Update issued earlier this week.


  15. On November 17, a hearing on bonds for 535 Carlton tower; 65 units seem to have been addedRead the original story

    Nov 12, 2014 | Atlantic Yards Report

    According to a notice from the New York City Housing Development Corporation, there will be a hearing next Monday, November 17, on tax-exempt bonds for 535 Carlton Avenue , the all-affordable Atlantic Yards/Pacific Park rental tower planned at the corner of Carlton and Vanderbilt avenues and the first to be built by Greenland Forest City Partners. The $75 million request will be one of 39 bonding issues to be considered at the hearing, which starts at 11:30 am, in the conference room at NYC HDC office, 110 William Street, 10th Floor, in Manhattan.


  16. Atlantic Yards down the memory hole: Goldstein was holding out 'in hopes of getting more money'Read the original story

    Nov 9, 2014 | Atlantic Yards Report

    On one level, it's a silly spat over a sloppy, nasty printed aside, followed by the unwillingness of a journalist to acknowledge error. On another, it's an example of the phenomenon I've called Atlantic Yards Down the Memory Hole .


  17. After 'mob' rushes front doors to Barclays Center, arena closes entry ...Read the original story w/Photo

    Oct 31, 2014 | Atlantic Yards Report

    Something went wrong last night outside the Barclays Center, as a "mob" of people tried to push their way into the arena, forcing arena managers to close the doors at 9:30 pm. Some apparently had tickets to the Powerhouse 2014 hip-hop concert, while others didn't, at least according to secondhand sources.


  18. Next Quality of Life meeting set for November 12; two towers set to begin in DecemberRead the original story

    Oct 24, 2014 | Atlantic Yards Report

    A message from Empire State Development: Dear Community, Forest City Ratner Companies, along with Empire State Development Corporation will host the next Quality of Life meeting on Wednesday, November 12, 2014 @ 6:00 PM Brooklyn Borough Hall, Community Room 209 Joralemon Street, Brooklyn NY 11201 We will present an overview of the upcoming construction activities surrounding the project. Please plan to arrive promptly in order to provide time for presentations and questions and answers from the community members.


  19. Gehry gets big retrospective in Paris. Atlantic Yards gets ignored.Read the original story

    Oct 19, 2014 | Atlantic Yards Report

    Los Angeles Times architecture critic Christopher Hawthorne yesterday wrote, Comprehensive 'Gehry' retrospective in Paris draws sociological blank : The exhibition is an impeccable vacuum. The curators have worked strenuously, if invisibly, to keep at bay the full range of issues that have given the rest of the architecture world a full-on identity crisis in the last decade or so.


  20. Forest City selling Downtown Brooklyn site for far more than...Read the original story

    Oct 14, 2014 | Atlantic Yards Report

    Developers of Atlantic Yards/Pacific Park are getting the Vanderbilt Yard cheap, aren't they, as the value of land in and around Downtown Brooklyn continues to skyrocket. Crain's New York Business yesterday wrote, Forest City puts $185M downtown B'klyn site on market : Forest City Ratner Cos.


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