Development archive

Development

Saturday, Dec. 16, 2006

Atlantic Yards moves forward

Date with George, Joe and Shelly awaits

Atlantic Yards: The fate of Bruce Ratner’s Atlantic Yards project is now in the hands of the three men in the room. Comment.

A Major party for Owens

Atlantic Yards: We attended Sunday night’s farewell gala for Rep. Major Owens (D–Crown Heights), who chose not to run for a 13th term and will leave office on Dec. 31. As we sipped cocktails and downed the delicious oxtail stew at the Grand Prospect Hall, we asked Owens’s biggest supporters a simple question: What is Major Owens’s legacy? Comment.

Ratner’s $500M slip is showing

Atlantic Yards: The Atlantic Yards project approved last week by state officials would generate almost $500 million less in tax revenues than its developer and its Albany boosters promised just five months ago. Comment.

State to holdouts: What’s yours is ours

Atlantic Yards: Dear interested party: Bruce Ratner is taking your home. Comment.

Atlantic Yards a losing bet

Editorial: If there was any doubt that Bruce Ratner’s Atlantic Yards mega-development would be a bad investment of billions of dollars in taxpayer subsidies, it was wiped away this week by new revelations that the project will generate far less tax revenue than promised just five months ago. Comment.

Civil War–era home is saved

Development: A Civil War-era mansion set to be torn down for luxury condos was saved Tuesday by a city landmarks panel after a month-long crusade by its Clinton Hill neighbors. Comment.

Revere’s ride comes to a crashing halt

Development: A historic factory on the Red Hook waterfront had its first appointment with the wrecking ball last week, the first step towards making way for a developer’s grand retail and residential vision. Comments (1).

Coney landmark to reopen

Coney Island: Coney Island’s “rendezvous of the elite” is on its way back. Comment.

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