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Development

Saturday, July 16, 2005

Downtown development more than just the Nets

Atlantic Yards: New York City will be changing dramatically over the next two decades as developers take advantage of the up-zoning that is being completed by the Bloomberg administration. Vast spaces throughout the city have already been rezoned for increased development. The most visible being the Hudson Yards in west Midtown Manhattan. Comment

Eminent domain fight

Atlantic Yards: In response to the Supreme Court’s ruling last month affirming the right of governments to take private property in the name of economic development, bills are gaining momentum in both the House of Representatives and U.S. Senate that would bar federal tax dollars from being used for projects that employ eminent domain. Comment

MTA receives rival bid for Atlantic Yards News Analysis

Atlantic Yards: At first glance, the May 24 issuance of a request for proposals by the Metropolitan Transportation Authority for the development rights over the state agency’s Vanderbilt Yards train tracks seemed a mere formality. Comment

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