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SBD/Issue 236/Facilities & Venues
Forest City Scaling Back Plans For Atlantic Yards Complex
Published September 6, 2006
|Ratner Scales Back Atlantic Yards Plan|
REAX: N.Y. City Council member Letitia James, who represents Brooklyn, said the reduction is “obviously not enough. They’ve got to really go back to the drawing board and dramatically downscale this project if they want support in the community.” But Brooklyn Borough President Marty Markowitz, “a project cheerleader who called for Miss Brooklyn to be scaled back, said he welcomed the changes.” Markowitz: “This step will help make a good project even better for Brooklyn. It’s the right project in the right place at the right time” (N.Y. DAILY NEWS, 9/6). In N.Y., Nicholas Confessore notes the “reaction from people who work and live nearby was almost uniform: Big deal.” See SportsBusinessDaily.com to read the story (N.Y. TIMES, 9/6).
POLL BACKS COMPLEX: A poll of 601 N.Y. residents from August 23-28, commissioned by CRAIN’S NEW YORK BUSINESS, found that the Atlantic Yards development is favored 60% and “disliked by only 25%.” Support in Brooklyn is 60% with 33% “viewing it unfavorably.” The complex is viewed favorably by 56% of African-Americans, 58% of whites, 68% of Latinos and 72% of Asians. Respondents cited jobs and affordable housing “as the two most important benefits of the project,” while the Nets’ move from New Jersey “is less of a factor.” The poll was conducted by Charney Research and has a margin of error of 4% (NEWYORKBUSINESS.com, 9/5).