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Development archive

Development

Saturday, May 12, 2007

Yassky to city: Hold Ratner accountable

Atlantic Yards: Councilman David Yassky slammed city economic development officials for allocating $205 million contribution to the Atlantic Yards mega-development without getting a guarantee that developer Bruce Ratner will make good on all of his “promises” to Brooklyn. Comment

Judge: What is Yards benefit?

Atlantic Yards: A State Supreme Court justice opened a long-awaited legal challenge against Bruce Ratner’s Atlantic Yards mega-development last Thursday by grilling state lawyers over whether the project has a substantial enough “public benefit” to justify condemning privately owned buildings and turning then over to the developer. Comment

State will watch Bruce — times 3

Atlantic Yards: The Empire State Development Corporation — which approved developer Bruce Ratner’s the $4-billion mega-project last year — now says it will create two new positions to oversee the project, in addition to an already created (though yet to be filled) job of “environmental monitor.” Comment

Boro homes buck trend

Development: Brooklyn real-estate prices continue to flout the nation’s weakening market, as house prices rose 9 percent in the first quarter of 2007. Comment

No room for this here hotel

Brooklyn South: Our columnist explains why a hotel plan on Atlantic Avenue died — and why it’s a good thing. Comments (1)

Suds and cargo on tap for Hook

Red Hook: Red Hook may get to drink its beer — and unload its cargo, too, now that city officials are considering retaining a container port that has long been slated for eviction and giving a nearby waterfront parcel to Brooklyn Brewery. Comment

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