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Click on graphic to enlarge. Design by Ben Keel.This graphic, posted in January 2018, is post-dated to stay at the top of the blog. It will be updated as announced configurations  Read more

When a deposition from deputy Mayor Alicia Glen regarding housing policy surfaced recently in Politico, with her calling Council Members “often extremely confused and ill-informed and not that smart” regarding  Read more

There's a rather curious passage in the Commercial Observer's 2/14/18 article, Why Construction Firm McKissack Added Natural Disaster Relief to Its Repertoire, which notes the work of major minority- and  Read more

So, I finally checked out Mayor Bill de Blasio's 2/13/18 State of the City address and, as the New York Times's William Neuman wrote, "The speech was long on oratory  Read more

At the original #pacificpark in Santa Monica. Not to be confused with @pacificparkbk— Norman Oder (@AYReport) February 14, 2018It opened in 1996 on the Santa Monica Pier, according to  Read more

So when exactly will Atlantic Yards/Pacific Park be finished? Previous predictions have proven treacherous (remember that ten-year timeline posited upon project approval in 2006?), and the some recent prominent ones,  Read more

The Islanders' deal is not quite done.Newsday's Robert Brodsky and Jim Baumbach had a scoop yesterday, in Laura Curran moves to end Islanders penalty clause. The new Nassau County executive,  Read more

The latest Atlantic Yards/Pacific Park Construction Update (bottom), covering the two weeks beginning yesterday, Feb. 12, was circulated at 11:27 am yesterday (late) by Empire State Development (ESD) after preparation  Read more

From National Real Estate Investor today, Would Forest City Agree to a Brookfield Deal?, suggests caution on the the reported interest of Brookfield Asset Management in buying Forest City Realty  Read more

As I reported 1/24/18, Ashley Cotton of L&L MAG, which represents Forest City (and says she speaks for the joint venture Greenland Forest City Partners), said that open space planned  Read more

The news from yesterday's Forest City Realty Trust conference call with investment analysts, according to the Real Deal, was that discussions about a potential sale or strategic dispositions will remain “robust” but  Read more

According to an investor presentation (download) posted yesterday by Forest City Realty Trust, the three rental buildings in Pacific Park are getting somewhat more full.As of 2/1/18, as noted in  Read more

From the Real Deal's analysis, When a suitor calls: The calculus behind Brookfield’s Forest City play, regarding the reported, but hardly confirmed pursuit of Forest City Realty Trust by Brookfield  Read more

Thanks to worldwide marketing/popularity and new revenue sources like corporate logos on uniforms, Forbes reported yesterday that NBA Team Values 2018: Every Club Now Worth At Least $1 Billion.And yes, the  Read more

I have a essay in Gotham Gazette: The real value of New York Islanders’ Belmont deal? Cuomo administration won’t say.It includes the state stonewalling on the rival bid and the new arena's  Read more

A briefly prominent Atlantic Yards investor, who was presented early on as representing "inclusion" in ownership, is not happy with Atlantic Yards, not at all.In a Crain's Q&A, Prince's former manager  Read more

I wrote recently about how changes in the 421-a law have upended plans for condos beyond the already-constructed 550 Vanderbilt, with 278 units. How would Greenland Forest City Partners get  Read more

So, the "100% affordable"--but skewed to middle-income households--535 Carlton tower has gotten a little more affordable. But it's no act of generosity, but rather furthers a huge tax break for  Read more

& Thomas Hauser in The Sweet Science says @barclayscenter has a pot problem: "At times--and Saturday night was one of them--the smell of weed is so strong that non-smokers are  Read more

A 1/10/18 Real Deal article A cautionary tale? EB-5 investors sue over Battery Maritime woes describes lawsuits on behalf of 150 Chinese nationals who put some $77 million in EB-5  Read more

Looking east toward Newswalk; B15 site at rightJohn Catsimatidis, a prolific developer, supermarket owner, and sometime political candidate, has bought 670 Pacific Street, the 8-story, 86-unit rental building situated between  Read more

Ah, maybe I was a little too optimistic. Two weeks ago, I wrote that the Barclays Center will return to a small but important practice of transparency, announcing non-ticketed events  Read more

A recent article in the New Yorker on the inside-the-workplace site Glassdoor prompted me to look at reviews of both Forest City New York (aka Forest City Ratner) and its  Read more

Newsday published an editorial last night, Don’t let Islanders deal become slippery slope for taxpayers, arguing that it was wrong for New York State to pay $6 million to renovate  Read more

Forest City New York continues to divest, as part of a corporate re-focusing and, I suspect, profit-taking.As Crain's New York Business reported 1/29/18, Two Trees buys huge commercial sites in Gowanus:Two  Read more

Gov. Andrew Cuomo, headlining another triumphant press event, went to the Nassau Coliseum yesterday to announce that the New York Islanders would return there for at least 60 games over  Read more

The latest Atlantic Yards/Pacific Park Construction Update (bottom), covering the two weeks beginning today, January 29, was circulated at 10:57 am today (late) by Empire State Development (ESD) after preparation  Read more

Let's recall a September 2015 quote from MaryAnne Gilmartin, then CEO of Forest City Ratner."There are very few sites in New York City that offer the density, the access, and  Read more

Would you believe that there's a studio at the condo building 550 Vanderbilt now renting for $2,200? (Is it because of that photo?)That's less than 3% above the price for  Read more

From CBS yesterday, Residents Say Rats Are Running Rampant In Prospect Heights, Brooklyn:Rats running rampant in a Brooklyn neighborhood have residents on edge.Now, they’re looking for more help to get  Read more

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