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BrooklynSpeaks Atlantic Yards Presentation March 2010

BrooklynSpeaks Atlantic Yards Presentation March 2010

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Published by AYReport
BrooklynSpeaks critique of Atlantic Yards March 2, 2010

[note: as of August 2014, Atlantic Yards has been renamed Pacific Park Brooklyn. See http://atlanticyardsreport.blogspot.com/2014/08/orwellian-almost-forest-citygreenland.html]
BrooklynSpeaks critique of Atlantic Yards March 2, 2010

[note: as of August 2014, Atlantic Yards has been renamed Pacific Park Brooklyn. See http://atlanticyardsreport.blogspot.com/2014/08/orwellian-almost-forest-citygreenland.html]

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Categories:Business/Law
Published by: AYReport on Mar 03, 2010
Copyright:Attribution Non-commercial

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08/08/2014

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BROOKLYNSPEAKS
BROOKLYNSPEAKS
Atlantic Yards 2010
From political theater to public loss:
 
BROOKLYNSPEAKS
Atlantic Yards: then and now
Project approval: December 2006Project closing: December 2009ArchitectFrank GehryEllerbe Becket/SHoPBuildingsArena and 16 buildings by 2016
1
Arena and 3 buildings by 2022
3
Residential units6430 by 2016
1
1005
2
by 2022
3
Affordable units2250 by 2016
1
300
2
by 2022
3
Open space8 acres
1
1 acre, plus 7 acres of parking
3
Initial payment for MTA rail yards$100MM$20MM
3
City direct subsidy$100MM$236MMJobs created10,000 permanent15,000 construction
4
3,600 annual average first 30 years
2,5
Construction duration10 years25 years, with extensions possible
3
Arena economic benefit$25MM over 30 years-$8MM over 30 years
6
1
 
2006 Atlantic Yards Modified General ProjectPlan
2
 
2009 Atlantic Yards Modified General ProjectPlan
3
 
Atlantic Yards master closing documents
 
4
 
2004 Forest City Ratner promotional flyer
5
 
2005 NYC EDC report
6
 
September 2009 NYC Independent Budget Officebrief

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