Delay for Atlantic Yards' Condo Plan

2008_12_atlya.jpgAfter work was abruptly stopped at the construction site earlier this month, another delay for the Atlantic Yards project has been announced. The Daily News reports that "Forest City Ratner officials told city and state officials at a private meeting on Monday it would shift focus away from pricey condominiums in favor of rental apartments during the first phase of construction." About 900 rentals will be put in space originally meant for condos and commercial space. City Council David Yassky said, "Going rental is consistent with what other developers are doing elsewhere. That's just what the market is dictating." So, does that mean Frank Gehry will rehire some staff to design the rental units?

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So I guess the "cabinet of Dr. Caligari" is on hold for awhile. Poor poor Nets. Or was it the Jets?

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