Promises, Promises: Ratner Abandons 10-Year Timeline

Elsewhere in Brooklyn, Forest City Ratner has finally acknowledged what opponents to Atlantic Yards have been saying for years – the project will not be completed in 10 years. Even in the best of times, a 10-year construction schedule was rosy, to say the least. This matters, because all of the assumptions that went into the public process were based on that 10-yer timeline – environmental assessments, support from affordable housing advocates, cost-benefit analyses of public subsidies, and so on. It also matters because now it is clear that a potentially up-and-coming neighborhood will now be a mix of blight and construction well into the 2020s, if not the 2030s.

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