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Development archive

Not Just Nets

Wednesday, Dec. 9, 2009

Goodbye blue Monday — Ratner’s tax-free bonds may go on sale within days

Atlantic Yards: Get ’em while they’re hot! The tax-exempt bonds that are critical to financing the Atlantic Yards arena are set to go on the market next week — and they’re expected to sell faster than you can say “land grab.” Comments (7).

Broadway Triangle plan moves forward

Bushwick: The City Council’s Land Use Committee passed the controversial Broadway Triangle plan this week, all but clearing the way for approval from the full body — despite continuing outrage from a Bushwick councilwoman who opposes it. Comments (9).

Bonds away! Bruce’s bond rating means sale of notes is imminent

Atlantic Yards: Attention investors! Now that the key bond-rating agencies have signed off on the financing for Bruce Ratner’s Atlantic Yards arena, $500 million in tax-free notes are poised to go on the market any day now. Comments (8).

Tuesday, Dec. 8, 2009

Bill-der-dash! DeBlasio backtracks on exemption for private school

Carroll Gardens: Outgoing Councilman Bill DeBlasio has backtracked on his secretive effort to allow a politically connected private school to move ahead with a two-story extension atop of the courtyards that give Carroll Gardens is very character. Comments (6).

Mayor will pony up cash — if state hands over Brooklyn Bridge ‘Park’

Bridge ‘Park’: Brooklyn Bridge Park’s ill-fated Piers 2 and 3, which were essentially put on the back-burner when the park’s price tag topped $300 million last year, would be back in the picture if the city is given control of the long-delayed greenspace. Comments (7).

Lutheran synod finally speaks out about Bethlehem church battle

Boerum Hill: The governing body of local Lutheran churches has finally fired back — albeit in the form of a press release — against charges that it illegally locked out the congregation at Bethlehem Lutheran Church. Comments (3).

Bloomy shovels dirt at McCarren Park Pool

Bloomy in the ’Hood: This pool project is really happening. Get your swim trunks ready — for 2012. Comments (4).

Can’t tell a Baa3 from an Aaa? Let the Explainer explain it all to you

The Explainer: The state is about to issue bonds to pay for the Atlantic Yards. But what’s it all mean? We asked The Explainer. Comments (2).

Monday, Dec. 7, 2009

Bloomy: Housing in ‘park’ is still the plan

Bridge ‘Park’: So much for that Daily News “exclusive” this morning. Comments (16).

‘Rose’ developer has own thorn — he’s bankrupt!

Williamsburg Waterfront: Here’s another reason why the would-be developer of an 800-unit apartment complex on the South Williamsburg waterfront is so desperate to get his site’s zoning changed from manufacturing to residential: He’s belly up. Comments (8).

DeBlasio carves out exception for well-connected school

Carroll Gardens: Has Councilman Bill DeBlasio sold out his district in one of his last official acts before becoming public advocate? Comments (7).

Friday, Dec. 4, 2009

Hey, Park Slope — your Armory is almost ready (really!)

Park Slope: The long-delayed Park Slope Armory’s rebirth as a neighborhood recreation center really is now imminent, The Brooklyn Paper has learned. Comments (1).

Wednesday, Dec. 2, 2009

Suit: Coney rezoney was baloney!

Coney Island: The main opponents of a city plan to rezone Coney Island’s faded amusement area in hopes of encouraging the development of housing, retail and a new 12-acre ocean-front amusement park have sued the city on the grounds that the new theme park isn’t big enough to attract the hordes of tourists needed to sustain the long-sought revitalization. Comments (3).

This ‘Rose’ has thorns! CB1 blocks developer’s waterfront towers

Williamsburg Waterfront: A developer’s bid for a glitzy, 800-unit mixed-use apartment complex along the Williamsburg waterfront tripped at the first hurdle on Tuesday night when the local community board rejected it 31–8. Comments (13).

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