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About DDDB
Our coalition consists of 21 community organizations and there are 51 community organizations formally aligned in opposition to the Ratner plan.

DDDB is a volunteer-run organization. We have over 5,000 subscribers to our email newsletter, and 7,000 petition signers. Over 800 volunteers have registered with DDDB to form our various teams, task-forces and committees and we have over 150 block captains. We have a 20 person volunteer legal team of local lawyers supplementing our retained attorneys.

We are funded entirely by individual donations from the community at large and through various fundraising events we and supporters have organized.

We have the financial support of well over 3,500 individual donors.

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"Why should people get to see plans? This isn't a public project."
Bruce Ratner in Crain's Nov. 8, 2009

How's That Anchor Tenant Search Going for Ratner's Atlantic Yards?

Atlantic Yards developer Bruce Ratner has said in the past that his firm would not build the proposed project's signature tower "Building 1" née "Miss Brooklyn" until there is an anchor tenant. That proposed building would include 650,000 sf. of office space.

In the midst of DC bailout negotiations, the NY Sun reported at length, last week, on fears about New York City's office vacany rates and attendant decreasing commercial rents:
Wall St. Woes Give Rise to Talk of 'Black September'
By Michael Stoler

As layoffs begin on Wall Street as well in the professional service industries, the real estate industry is bracing for a wave of office space to hit the market, followed by a precipitous fall in rental rates and a surge in vacancy. Even the most optimistic real estate executives are finally beginning to worry, with many dubbing this month "Black September."

"Due to the recent events, rents are down by at least 10% to 15% and trending downward," the president of Newmark Knight Frank, James Kuhn, said. "If a building in the Plaza District expected to rent for $150 per square foot, the price is down to perhaps $110. Certain markets are even worse, especially downtown."...
(Emphasis added)

Continue reading.
One wonders how that anchor tenant search is going for Bruce Ratner's unbuilt spec tower proposed to be built near Downtown Brooklyn rather than "downtown."

After all, back in March the Times reported that Ratner had resorted to the unusual use of direct mail solicitation in his search:
...In another indication of the problems facing the project, Forest City recently sent a letter signed by the project’s celebrity architect, Frank Gehry, to chief executives of many of the city’s biggest corporations, inviting them to become a tenant in the “centerpiece of the project,” Miss Brooklyn. It was originally scheduled to be completed in July 2009.

Brokers said that developers usually home in on companies actively looking for new headquarters, rather than cast such a wide net. Forest City’s approach was more akin to cold-calling to solicit interest, a possible sign, they said, that the developer was struggling to find tenants.

Mr. Ratner insisted that the Brooklyn office market remained healthy, but he conceded that “until we get a tenant, we won’t start Miss Brooklyn.”...
(Emphasis added)
(Healthy? Really? Sounds similar to "the fundamentals of our economy are strong.")

If cold calling and networking parties don't work, what's next: begging on hands and knees in-person?

The Sun article has numerous other passages which do not bode well for Forest City Ratner's anchor tenant search:
...The chief operating officer for the New York metro region of Cushman & Wakefield, Joseph Harbert, said: "During these days of historic events for the country, it will take some time to sort out the state of the commercial office marketplace. I suspect it will make corporate decision to lease space more cautious and deliberative."...

...A partner of mine at Apollo Real Estate Advisors, William McCahill, said, "Just like the Capital Markets, the New York City office market will probably go through a period of lack of confidence. Bankruptcies and forced mergers of some of the household names in the financial market will not only cause significant available space; but, the thought of expansion will simply not exist. Ken Lewis of Bank of America announced that the Merrill merger would produce significant cost savings for the combined company, which will definitely be a result of lower occupancy costs. Unfortunately for the office market, all major financial companies will be looking to cut costs. This ripples through the system in less revenue for lawyers, accountants and consultants. "Belt tighting" will be a way of life...

...This past Monday, at The Money Summit event I coordinated and moderated, a group of 10 prominent commercial banks and insurance company senior lenders concurred that financing, if available, has returned to its basic of low leverage, higher loan-to-value of 50% to 60%. Few lenders or investors have any desire to provide financing for commercial office building in New York City...

Posted: 9.28.08
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Eminent Domain Case
Goldstein et al v. ESDC
[All case files]

November 24, 2009
Court of Appeals

[See ownership map]

EIS Lawsuit

DDDB et al v ESDC et al
Click for a summary of the lawsuit seeking to annul the review and approval the Atlantic Yards project.

Appeal briefs are here.

Appellate Divsion
Rules for ESDC
What would Atlantic Yards Look like?...
Photo Simulations
Before and After views from around the project footprint revealing the massive scale of the proposed luxury apartment and sports complex.

Click for
Screening Schedule
Isabel Hill's
"Atlantic Yards" documentary
Brooklyn Matters

Read a review
Atlantic Yards
would be
Click image to see why:

-No Land Grab.org

-Atlantic Yards Report
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