With all the speculation about an impending Atlantic Yards vote by the powerful Public Authorities Control Board, questions about financing and more groups calling for a time out, NY1 is reporting that Assembly Speaker Sheldon Silver will not give final approval to the project before January 1st. The report says he "still has financial questions about Atlantic Yards" and that Silver is "ready to either vote no or not vote at all if the projects are put before him at a meeting of the Public Authorities Control Board this week." If nothing changes before tomorrow, the delay means the project could be revised before an approval vote under the incoming Spitzer administration.
· Ratner to Wait Until 2007 for PACB Decision on Atlantic Rail Yards [NY1]
· Atlantic Yards Vote Delayed [Brooklyn Papers]
UPDATE: The Real Estate is reporting that Atlantic Yards could still be on the PACB agenda and that negotiations are still ongoing. TRE writes that it's "still up in the air, but that Silver is paving the way for postponement." Which would bring things back to where they were at the beginning of the day.