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Atlantic Yards Stall: Not All Residences Will Be Delayed

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The reverberations from the Atlantic Yards Stall that made headlines on Good Friday continue, with the developer announcing that luxury suites at the (not canceled) Nets Arena are going on sale on May 15. There will be a new Manhattan showroom and they'll be priced from $300,000-$540,000 a year. They'll include flat panel TV, access to an "exclusive" lounge and "personal servants." As for when the suites will be available for actual use, given the turmoil for the project, Atlantic Yards Report notes today that developer Bruce Ratner has six years from the time litigation is settled and the site is acquired to actually build the arena.


· It's a Suite Life for Nets Nuts [NYP]
· 540G will get you a ritzy suite in new Brooklyn Nets arena [NYDN]
· Read the fine print: ESDC gives Ratner 6+ years to build arena... [AYR]