What does Bruce Ratner have to be thankful for this Thanksgiving?
Let's take a trip around the web today for reactions leading off with Atlantic Yards Report with not one but two updates, Downtown Eliot Brown at The New York Observer, Charles Bagli at The Times, The Brooklyn Paper, and Sesame Street's Bert and Ernie.
Developer Forest City Ratner still must get arena bonds sold by the end of the month, and they may be hampered by the remaining cloud of litigation and the lowered market for sports facilities, but this was the largest roadblock, and there is no bar to a promised groundbreaking in the next month or so.Develop Don't Destroy Brooklyn, which organized and funded the lawsuit (and whose spokesman, Daniel Goldstein, was the lead plaintiff), said it would file a new lawsuit because the court ruled only on the record from 2006.
From the Times:
“Once again the courts have made it clear that this project represents a significant public benefit for the people of Brooklyn and the entire city,” Mr. Ratner said. “Our commitment to the entire project is as strong today as when we started six years ago. Today, however, this project is even more important given the need for jobs and economic development.”
“The fight against the Atlantic Yards project is far from over,” said Daniel Goldstein, a spokesman for Develop Don’t Destroy Brooklyn, a community group that opposes the project. “The community has four outstanding lawsuits against the project and, meanwhile, the arena bond financing clock ticks louder and louder for Ratner. While this is a terrible day for taxpaying homeowners in New York, this is not the end of our fight to keep the government from stealing our homes and businesses.”
Meanwhile the New Jersey Nets are 0-13 though they play the Denver Nuggets tonight so hope is alive. Will the New York Court of Appeals declare the Nets blighted too?