The $950 million Barclays Center at Atlantic Yards may be moving full steam ahead or may be stumbling, depending on which side is telling the story (the developer is saying it will open by December 31, 2010). But a key part of the financing strategy are the luxe suites, and they went on sale yesterday prices ranging from $300,000-$540,000 give or take. (Jay-Z took the first super luxe one.) No worries about paying, though, only five percent is due at signing and the rest can be paid in three installments through 2010. In addition to the new sales office in the NY Times building, the center's website has gotten a full redo to reflect the new Frank Gehry design for the building.
· No Nets Arena Yet, but Suites Are On Sale [NYT]
· Suites go on sale, timing unquestioned [AYR]
· Troubled Nets Arena in Brooklyn Selling Luxury Suites [Gothamist]
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