Opponents of the Brooklyn arena planned for the New Jersey Nets have filed a lawsuit to overturn an agreement to sell 8 acres of railyards to the arena’s developer. The lawsuit was filed Tuesday in Manhattan state Supreme Court. It seeks to overturn a vote by the Metropolitan Transportation Authority to sell the railyards to [...]
The New York State Court of Appeals, the highest court in the state, has announced that it will hear the Atlantic Yards eminent domain case—Goldstein et al. v. N.Y. State Urban Development Corporation—in October. The owners of homes and properties targeted for seizure have argued that the use of eminent domain for the Atlantic Yards proposal violates New [...]
The Metropolitan Transportation Authority agreed to let Atlantic Yards developer Forest City off the hook for some of its financial obligations in a bid to jumpstart the long-stalled Brooklyn project. On Wednesday, The MTA’s board is slated to vote on the proposal that would allow Forest City to stretch out its $100 million payment for [...]
A new architectural firm is coming in to design the proposed basketball arena in Brooklyn, following the departure of famed architect Frank Gehry from the project. Developer Bruce Ratner says the Kansas City firm of Ellerbe Becket will now design the Barclays Center, which will eventually house the Nets. Ratner says the new arena designs [...]
Transit officials are scaling back plans for the rail yard being rebuilt beneath Bruce Ratner’s Atlantic Yards project in Brooklyn from nine tracks to seven — and they’re also expecting less cash from Ratner. MTA Interim Executive Director Helena Williams confirmed yesterday that the cash-strapped agency had reached a tentative agreement to allow Ratner to [...]
Brooklyn advocates and officials are speaking out about reports that a city developer is asking congress to help fund construction at the Atlantic Yards site. Borough President Marty Markowitz is welcoming news that Bruce Ratner is lobbying for a portion of the stimulus package to jumpstart the $4 billion project. The plan to build an [...]
The struggling economy could mean big changes for the proposed Nets basketball arena in Prospect Heights, Brooklyn. According to published reports, Atlantic Yards developer Bruce Ratner of Forest City Ratner Developments is looking to scale back the $1 billion arena to make it less expensive to build. The arena was designed by world-renowned architect Frank [...]
Opponents of the Atlantic Yards development project in Brooklyn are focusing on a new way to hem in the $4 billion development project: the landmark protection process. The city’s Landmarks Preservation Commission is holding a hearing tomorrow to “calendar” a proposed historic district for the Prospect Heights neighborhood, the first significant step needed for the [...]
The U.S. Supreme Court has declined to take up an appeal in the fight over Brooklyn’s Atlantic Yards project, putting to an end the federal lawsuit filed by landowners and tenants in late 2006 that challenged the state’s use of eminent domain for the mega-project. The plaintiffs in the suit are now pledging to take [...]
Scores of people turned out to support the controversial Atlantic Yards project on Thursday at a rally paid for by the developer. As part of Brooklyn Day celebrations, Forest City Ratner handed out free hot dogs and T-shirts at Columbus Park near Borough Hall. The developer’s $4.2 billion project in downtown Brooklyn includes offices, apartments [...]
