Editorial: Our editorial board says that the new calls to cut costs at Atlantic Yards are par for the course for developer Bruce Ratner: promise the stars, shoot for the moon, get state officials to approve the clouds, then build a project that barely gets off the ground. Comments (5).

Atlantic Yards: Borough President Markowitz, one of Bruce Ratner’s staunchest allies, dropped a bombshell on Tuesday, saying that the $1-billion basketball arena at the heart of Atlantic Yards is no longer “economically feasible” and that Ratner and state officials need to give the expensive design “a second look” so that the structure can actually get built. Comments (11).

Event: OK, Readings on the Fourth Floor — quite possibly the only elementary-school fundraiser frequented by the Giants of American Letters — is still raising money to buy dead-tree-based books. But on Jan. 21, the Park Slope school’s annual series will feature authors who write about sustainability. Comment.