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Ratner, Claiming Otherwise, Is Delaying His Own Project
Ratner's crew has voluntarily halted all work on the Atlantic Yards project site,
including their long-delayed work building a new rail yard, which is the only
part of their project unencumbered by litigation. Yet. they claim that their work
stoppage is involuntary and due to litigation.
It is not.
This is what one would call a fib. The stoppage, actually, is due to financial
problems plaguing the project.
Norman Oder explains on his Atlantic Yards Report:
Talking
about AY work stall, DePlasco goes Pinocchio
From today's New York Daily News, in an article headlined Atlantic Yards project location sees work halted abruptly: "Over the last two years, we've prepared the site for the next steps. We've gone about as far as we can go at this point with preliminary work, including sewer, track, infrastructure and utility work, along with demolition," [Forest City Ratner spokesman Joe] DePlasco added.
Actually, no.
Remember what then-FCR executive Jim Stuckey said in a 2007 sworn affidavit (and seconded earlier this year by his successor): FCRC’s construction schedule has been carefully drawn to allow the arena to be ready for the 2009-10 season by commencing work now on vacant properties that are owned by FCRC, the MTA and the City, with work on properties that are owned or occupied by other parties deferred until the pending judicial challenges to the Project have proceeded to a point where ESDC is in a position to actually use its powers of eminent domain to acquire title to and possession of those properties.
In other words, FCR was supposed to be working on the MTA's railyard all along.
And it could still be doing more regarding properties it owns...
Full article
Posted: 12.04.08
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