Atlantic Yards one step closer to reality?

 

RATNER - HANDS OFF OUR HOMES

Carlton Avenue at Dean Street, Prospect Heights, Brooklyn, New York

Unfortunately, Goldstein et al. v. Empire State Development Corporation (ESDC) was dismissed by a state appellate court in an unanimous opinion.  Norman Oder (producer of the always comprehensive Atlantic Yards Report) breaks it down here.

Although this setback wasn’t surprising or unexpected, it’s still disappointing.

This dismissal doesn’t mean that shovels will be in the ground any time soon near what might be center court.  The almost certain appeal of this decision, in addition to the upcoming State Senate public hearing, not to mention the not-so-small problem of actually finding the money to build a $4 billion development in this climate, among other hurdles, will keep things pretty quiet here in the footprint for the foreseeable near future.

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