Search Results for:

You are here

Revisiting the RPA's Next New York recommendations from 2012: not much improvement for Atlantic Yards/Pacific Park (third party monitor?)
Blog 3 days ago
Revisiting the RPA's Next New York recommendations from 2012: not much improvement for Atlantic Yards/Pacific Park (third party monitor?)

Now that Atlantic Yards/Pacific Park has multiple new owners and leaseholders (FAQ here), and residents are trying to assess the project's progress...

Share
Walk-ins Welcome. No fee. Stop by 535 Carlton, you might find an apartment.
Blog 5 days ago
Walk-ins Welcome. No fee. Stop by 535 Carlton, you might find an apartment.

Well, just in case you're looking for a two-bedroom apartment--or maybe just visiting BKLYN CLAY--and happen to be at the corner of Dean Street and...

Share
What's the ownership percentage for B4 (18 Sixth Avenue)? How much did Brodsky pay the joint venture?
Blog 1 week ago
What's the ownership percentage for B4 (18 Sixth Avenue)? How much did Brodsky pay the joint venture?

Yesterday, in my blog follow-up to my Brooklyn Eagle article on a letter from legislators asking questions about the Pacific Park timetable, I...

Share
A closer look at the elected officials' letter on affordable housing schedule: what's role of new developers? any recourse if sponsors fail? who owns what?
Blog 1 week ago
A closer look at the elected officials' letter on affordable housing schedule: what's role of new developers? any recourse if sponsors fail? who owns what?

My relatively article yesterday for the Brooklyn Daily Eagle, Brooklyn lawmakers seek Pacific Park affordable housing schedule, focused on the most...

Share
Announcement:
Blog 1 week ago
Announcement: "How do I apply for affordable and low-income housing?" (which means those aren't quite the same)

Maybe this formulation's been used regularly, but this affordable housing forum tomorrow--information shared by Council Majority Leader Laurie...

Share
For now, 38 Sixth corner retail space serves as a construction field office
Blog 1 week ago
For now, 38 Sixth corner retail space serves as a construction field office

An enduring challenge plaguing most of the extant Atlantic Yards/Pacific Park project has been slow lease-up of available retail space.I reported...

Share
TF Cornerstone gets $73M loan on two development sites on southeast block
Blog 2 weeks ago
TF Cornerstone gets $73M loan on two development sites on southeast block

As first reported 5/28/19 by the Commercial Observer, Pacific Park Resi Tower Nabs $73M Financing from M&T, and then The Real Deal, TF Cornerstone...

Share
Is a giant Equinox (and outdoor swimming pool) coming to 18 Sixth Avenue (B4)?
Blog 2 weeks ago
Is a giant Equinox (and outdoor swimming pool) coming to 18 Sixth Avenue (B4)?

We can't take statements on LinkedIn profiles as definitive, but the profile for Jenny (Wenyi) Jin, a former MEP (mechanical, electrical and...

Share
In Downtown Brooklyn, a long-delayed park dependent on underground parking instead won't have parking
Blog 3 weeks ago
In Downtown Brooklyn, a long-delayed park dependent on underground parking instead won't have parking

Never mind! A long-standing, and long-delayed, plan to bring park space to Downtown Brooklyn as part of the 2004 rezoning has been resolved--it...

Share
Developer update: incremental progress at railyard; Atlantic Avenue median to be restored
Blog 1 month ago
Developer update: incremental progress at railyard; Atlantic Avenue median to be restored

This is the ninth of ten articles on the 5/7/19 Quality of Life meeting. The first concerned the project schedule. The second concerned The Brodsky...

Share
With Community Liaison Office now staffed by Greenland marketing director, a fading role for L&L MAG
Blog 1 month ago
With Community Liaison Office now staffed by Greenland marketing director, a fading role for L&L MAG

This is the eighth of several articles on the 5/7/19 Quality of Life meeting. The first concerned the project schedule. The second concerned The...

Share
The project obligations stick to each development site, but who oversees the overseer?
Blog 1 month ago
The project obligations stick to each development site, but who oversees the overseer?

This is the seventh of several articles on the 5/7/19 Quality of Life meeting. The first concerned the project schedule. The second concerned The...

Share
Barclays Center maintains partial opacity on graduations: no names, no estimated crowd size
Blog 1 month ago
Barclays Center maintains partial opacity on graduations: no names, no estimated crowd size

This is the fourth of several articles on the 5/7/19 Quality of Life meeting. The first concerned the project schedule. The second concerned The...

Share
So how much does Brodsky own in the
Blog 1 month ago
So how much does Brodsky own in the "accelerated" (not quite) B4 tower? Not a majority.

This is the second of several articles on the 5/7/19 Quality of Life meeting. The first concerned the project schedule.One question I had before...

Share
Nassau County executive claims
Blog 1 month ago
Nassau County executive claims "concerns answered" re Belmont, omits issue of payment for rail expansion; Barclays a hindrance for isles?

LC: "We must now turn analysis into action and go from a study to a [full-time LIRR] station."Um, who's paying? How much does it cost?#BelmontArena...

Share
Brooklyn retail report: increases in *asking* rents along Flatbush Avenue in Prospect Heights
Blog 1 month ago
Brooklyn retail report: increases in *asking* rents along Flatbush Avenue in Prospect Heights

Brooklyn retail rents are “starting to flatten”: REBNY, the Real Deal reported 4/18/19, citing a new report from the Real Estate Board of New York,...

Share
Newsday: full-time LIRR stadium now being studied to serve Belmont; Newsday digs into (seeming) anti-Belmont group
Blog 2 months ago
Newsday: full-time LIRR stadium now being studied to serve Belmont; Newsday digs into (seeming) anti-Belmont group

Newsday 4/3/19 offered a mini-scoop, Full-time LIRR station under study for Belmont Park, sources say. As Jim Baumbach wrote:The new station would...

Share
It's the Development Agreement, not the General Project Plan, that sets the affordable housing requirements (and leaves much wiggle room)
Blog 2 months ago
It's the Development Agreement, not the General Project Plan, that sets the affordable housing requirements (and leaves much wiggle room)

In my article yesterday for City Limits, Ever-Shifting Pacific Park Plan Highlights Uncertainty of Big Development Schemes, I pointed to a document...

Share
In Real Estate Power 50, City & State NY ranks Greenland's Hu #27, L&L MAG's Gilmartin #43 (really?)
Blog 2 months ago
In Real Estate Power 50, City & State NY ranks Greenland's Hu #27, L&L MAG's Gilmartin #43 (really?)

OK, it's another "Power" list, this time City & State New York's inaugural Real Estate Power 50:We reached out to insiders and experts to compile...

Share
Blog 2 months ago
About that 2014 project plan: 100% market-rate buildings were to cluster around the "park"

I never highlighted this, but it's dramatically clear: had Atlantic Yards/Pacific Park been built out as contemplated in 2014, five of the seven...

Share
New rhetoric (on Crown Heights project):
Blog 2 months ago
New rhetoric (on Crown Heights project): "50% income-targeted, 100% union-built"

For those following the 960 Franklin development in Crown Heights, consider some coverage:The Brooklyn Paper, 3/15/19, Green death: Proposed...

Share
With little (visible) progress on platform, how long will buildout over railyard take? Surely past 2025. Railyard payments can be stretched through 2030.
Blog 2 months ago
With little (visible) progress on platform, how long will buildout over railyard take? Surely past 2025. Railyard payments can be stretched through 2030.

This is the fifth of five articles regarding the 3/15/19 meeting of the Atlantic Yards Community Development Corporation (AY CDC), set up to advise...

Share
How meet 2025 affordable housing deadline? At Atlantic Yards CDC, failed effort to gain updated building-by-building timetable
Blog 2 months ago
How meet 2025 affordable housing deadline? At Atlantic Yards CDC, failed effort to gain updated building-by-building timetable

This is the fourth of multiple articles regarding the 3/15/19 meeting of the Atlantic Yards Community Development Corporation (AY CDC), set up to...

Share
So, were the development leases for B12/B13/B15 good deals?
Blog 2 months ago
So, were the development leases for B12/B13/B15 good deals?

So, did the new developers working on Atlantic Yards/Pacific Park get a good deal or not from Greenland Forest City Partners, at that point 95% by...

Share
Consultant Stantec calls Atlantic Yards a
Blog 3 months ago
Consultant Stantec calls Atlantic Yards a "game changing" Transit-Oriented Development project (really?)

From Railway Age, 3/11/19, TOD: How New York got it right, by Stuart Lerner, Executive Vice President Infrastructure, Stantec (a design/engineering...

Share
Will Greenland sell more of Atlantic Yards/Pacific Park? Unclear, but Chinese firms face changing policy
Blog 3 months ago
Will Greenland sell more of Atlantic Yards/Pacific Park? Unclear, but Chinese firms face changing policy

As I wrote in April 2015, surveying the "the vigorous (and potentially precarious) ambitions of the new Atlantic Yards majority owner," it's worth...

Share
Modular housing in East New York seven stories high, far less ambitious than 461 Dean; enthusiasm recurs, without caveats
Blog 3 months ago
Modular housing in East New York seven stories high, far less ambitious than 461 Dean; enthusiasm recurs, without caveats

FullStack Modular, the Brooklyn Navy Yard-based successor to FCS Modular and FC Modular, the companies that built modules for the ill-fated 461...

Share
More from Quality of Life meeting: something percolating at Site 5?
Blog 3 months ago
More from Quality of Life meeting: something percolating at Site 5?

This is the second article about topics raised at the Atlantic Yards/Pacific Park Quality of Life meeting 3/5/19. The first concerned the plans to...

Share
With 25% affordability (at least) in next four buildings, still a heavy lift needed to meet May 2025 deadline of 2,250 total units
Blog 3 months ago
With 25% affordability (at least) in next four buildings, still a heavy lift needed to meet May 2025 deadline of 2,250 total units

At the 3/5/19 Atlantic Yards/Pacific Park Quality of Life meeting, Tobi Jaiyesimi, who serves as executive director of the Atlantic Yards Community...

Share
Another reminder:
Blog 3 months ago
Another reminder: "blighted" railyard may not be fully covered until 2035

When I wrote recently about blight, the removal of which was a purported rationale for Atlantic Yards and which is the subject of a March 6 panel...

Share