Bruce Ratner's Atlantic Yards project is clearly in a dire financial situation... He is delaying his own project because of a serious lack of financing.
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Bruce Ratner's Atlantic Yards project is clearly in a dire financial situation... He is delaying his own project because of a serious lack of financing.
Bruce Ratner has had absolutely no discussions with anyone from Dubai or Russia
I think he will sell as soon as the Brooklyn thing dies, and it looks like it's dying. I think Bruce Ratner will sell. I don't think he has any interest in the team, other than bringing it in as the centerpiece to the new project in Brooklyn. Which, if you read and look at the opposition, and realize the climate economically and everything else, looks like it might be dead.
How are they NIMBYs when they are going to be forced to move out if this project gets built rather than living with it?
Although all large developments require great amounts of leveraged funding to be built, the Atlantic Yards project embodies a microcosm of the present financial crisis.... What does any of this have to do with basketball and low-income housing? About as much as a bailout of financial firms has to do with helping those in Brooklyn defaulting on subprime mortgages received through predatory lending.
Actually, Mike, it IS their land. They own it, and Ratner is trying to take it from them.
Stop your complaining already. I live blocks from the project and have been anxiously awaiting the Ratner project for years. I hate NIMBYISM. It’s not your land, you have no right to impede progress like this…
Atlantic Yards cannot be built. Everyone knows it. It’s just a matter of Ratner and the State admitting it and feeling there is some way to save face.