News

Capital Real Estate: City said to be nearing plan to rezone Midtown East - Capital New York

Atlantic Yards - May 30, 2014 - 4:56am

Capital Real Estate: City said to be nearing plan to rezone Midtown East
Capital New York
HOSPITAL DRAMA – “The unmaking of a LICH deal,” by Capital's Dan Goldberg: Last Thursday, The Peebles Corporation told a Brooklyn judge a deal with SUNY to purchase Long Island College Hospital was close at hand. But just hours after leaving court ...

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Accomodating millions in high-density urban zones: OPINION - The Real Deal Magazine (blog)

Atlantic Yards - May 29, 2014 - 5:42pm

Accomodating millions in high-density urban zones: OPINION
The Real Deal Magazine (blog)
The Columbia report pointed out that mega-projects like the Hudson Yards and Atlantic Yards will only make an incremental difference. The study identified parts of western Brooklyn, Queens and the South Bronx as areas that could host similar projects.

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Judge ups valuation of condemned Brooklyn site - The Real Deal Magazine (blog)

Atlantic Yards - May 29, 2014 - 5:22pm

The Real Deal Magazine (blog)

Judge ups valuation of condemned Brooklyn site
The Real Deal Magazine (blog)
The property was located in an industrial-use zone until 2001 and later condemned by the Empire State Development Corporation to make room for the Atlantic Yards project. The property's current owner, 730 Equity Corp, applied for a rezoning that would ...
Judge values condemned Atlantic Avenue property at over $9 millionBrooklyn Daily Eagle

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Ratner To Speak - Garden City Life

Atlantic Yards - May 29, 2014 - 9:06am

Ratner To Speak
Garden City Life
The luncheon's keynote speaker will be Bruce Ratner, executive chairman of Forest City Ratner Companies and developer of the Barclays Center in Brooklyn. Ratner will speak on the much anticipated redevelopment of the Nassau Veteran's Memorial Coliseum ...

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Can Philly's Train Station Be the Centerpiece of a Livable Neighborhood? - Next City

Atlantic Yards - May 29, 2014 - 7:36am

Can Philly's Train Station Be the Centerpiece of a Livable Neighborhood?
Next City
In Manhattan, developers are looking for rents in the $80s and beyond per square foot each year to make the towers at Hudson Yards pencil out; in Brooklyn, Forest City Ratner lost hundreds of millions of dollars at Atlantic Yards, in a stadium-cum ...

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Smart development key to solving affordable housing problems - Real Estate Weekly

Atlantic Yards - May 28, 2014 - 8:39pm

Smart development key to solving affordable housing problems
Real Estate Weekly
Through many simulations of these zones all over the city, the report found that the city's existing planned “megaprojects,” such as Hudson Yards and Atlantic Yards, would actually only house a fraction of the projected demand. It goes on to analyze ...

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Architects to show off 'alternative' Atlantic Yards - Real Estate Weekly

Atlantic Yards - May 28, 2014 - 2:49pm

Architects to show off 'alternative' Atlantic Yards
Real Estate Weekly
The five architects will present their alternative proposals for the Atlantic Yards site, which presents a major opportunity to create a significant new architectural presence and major urban design gesture amid several Brooklyn neighborhoods. “This is ...

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How SHoP Became NYC's Go-To Megaproject Architects - Curbed NY

Atlantic Yards - May 28, 2014 - 12:06pm

How SHoP Became NYC's Go-To Megaproject Architects
Curbed NY
Earlier this month, New York's City Council unanimously approved the redevelopment of Brooklyn's Domino Sugar Factory, designed by SHoP. At Atlantic Yards, the SHoP-designed Tower B2, set to be the world's tallest modular building, is rising. SHoP was ...

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Barclays Center Hiring 300 Part-Time Workers This Summer - DNAinfo

Atlantic Yards - May 27, 2014 - 10:02am

Barclays Center Hiring 300 Part-Time Workers This Summer
DNAinfo
Gib Veconi, a Prospect Heights resident and member of the Atlantic Yards watchdog coalition Brooklyn Speaks, said “jobs created at the publicly subsidized arena should pay a living wage for Brooklyn and include health benefits.” Still, demand for the ...

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Nassau Coliseum developer to speak at Chamber - Garden City News

Atlantic Yards - May 22, 2014 - 7:18pm

Nassau Coliseum developer to speak at Chamber
Garden City News
By making Barclays Center the home of the Brooklyn Nets, he is recognized for bringing the first major professional sports team to Brooklyn since the Dodgers left in 1957. The arena is part of Mr. Ratner's Atlantic Yards development, which will include ...

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LES documentarian is leaving, but first, Ackers - The Villager

Atlantic Yards - May 22, 2014 - 11:29am

LES documentarian is leaving, but first, Ackers
The Villager
“Look what happened with Atlantic Yards in Brooklyn. They just took that land. Look at what happened with Pearl Paint. That was much more than just an art store. … Money scares me much more than drugs.” Patterson emphasized that he sincerely hopes his ...

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Gone fishing: Store specialist looking to lure the brightest new concepts to ... - Real Estate Weekly

Atlantic Yards - May 20, 2014 - 6:35pm

Gone fishing: Store specialist looking to lure the brightest new concepts to ...
Real Estate Weekly
After meeting Ratner and joining FCR, which at the time had a staff of just eight, Welch and the company began a foray into Brooklyn with office buildings One Pierrepont Plaza and the MetroTech Center. In a career spanning more than two decades, Welch ...

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Chinese companies jump into NYC development - The Real Deal Magazine (blog)

Atlantic Yards - May 19, 2014 - 12:48pm

Chinese companies jump into NYC development
The Real Deal Magazine (blog)
The most high-profile project is arguably the residential portion of Brooklyn's Atlantic Yards, which involves the Shanghai-based Greenland Group. Greenland snapped up a 70 percent stake in the project in December for $200 million. At 429 Kent Avenue, ...

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Capital Real Estate: Banks plan to add 4500 employees in Jersey City - Capital New York

Atlantic Yards - May 19, 2014 - 9:43am

Capital Real Estate: Banks plan to add 4500 employees in Jersey City
Capital New York
Greenland ventured into its first New York project when it bought a 70 percent stake in much of the residential portion of Brooklyn's Atlantic Yards project from Forest City Ratner for $200 million.” http://goo.gl/7hwGUB. SHARE ME: Like this newsletter ...

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Capital Real Estae: Banks plan to add 4500 employees in Jersey City - Capital New York

Atlantic Yards - May 19, 2014 - 5:18am

Capital Real Estae: Banks plan to add 4500 employees in Jersey City
Capital New York
Greenland ventured into its first New York project when it bought a 70 percent stake in much of the residential portion of Brooklyn's Atlantic Yards project from Forest City Ratner for $200 million.” http://goo.gl/7hwGUB. SHARE ME: Like this newsletter ...

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Chinese investment bolsters EB-5 visa program - Chinadaily USA

Atlantic Yards - May 18, 2014 - 7:55pm

Chinese investment bolsters EB-5 visa program
Chinadaily USA
Some of the projects in and around New York making use of EB-5 funding are the Atlantic Yards Project in Brooklyn and the Kingsbridge Armory redevelopment plan in the Bronx. In October 2013, the Greenland Group, a Chinese state-owned real estate ...

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Stasi: Cuomo goes for the gold in stupid by considering 2024 Olympics for city - New York Daily News

Atlantic Yards - May 18, 2014 - 1:07am

New York Daily News

Stasi: Cuomo goes for the gold in stupid by considering 2024 Olympics for city
New York Daily News
Well, he believes it was the catalyst for the new Yankee Stadium, as well as for the development of the Atlantic Yards (including Barclays Center) and, yes, the High Line. Well, so what if Yankee Stadium planning began well before Doctoroff and Bloomy ...

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Chinese Development on the Up and Up; Renters Hit the UWS - Curbed NY

Atlantic Yards - May 17, 2014 - 11:37am

Chinese Development on the Up and Up; Renters Hit the UWS
Curbed NY
The 216-unit residential complex is the first-ever American project from the Xin Development Group, who's clearly positioning it as the go-to luxury benchmark in North Brooklyn. Also, China Vanke has partnered with RFR Holding to build a 61-story tower ...

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Eminent Domain Abusers Are Making a Comeback - Wall Street Journal

Atlantic Yards - May 16, 2014 - 5:06pm

Eminent Domain Abusers Are Making a Comeback
Wall Street Journal
The 22-acre Atlantic Yards project in Brooklyn, N.Y., was supposed to include several office towers, thousands of housing units, retail, parks and other amenities to accompany the Barclays Center sports arena. But construction plans change, and the ...

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Eminent Domain Abusers Are Making a Comeback - Wall Street Journal

Atlantic Yards - May 16, 2014 - 5:06pm

Eminent Domain Abusers Are Making a Comeback
Wall Street Journal
The 22-acre Atlantic Yards project in Brooklyn, N.Y., was supposed to include several office towers, thousands of housing units, retail, parks and other amenities to accompany the Barclays Center sports arena. But construction plans change, and the ...

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