Forest City Ratner has value engineers looking at ways to cut construction costs for that Atlantic Yards arena thing that's still being kicked around, and as a result of their studies, we now know why the price tag to terror-proof the arena has jumped from $637 million to $950 million: the bulletproof glass facade will cost $625 per square foot. Architect Frank Gehry's own designers were reportedly "shocked" at the cost, but a source tells the Daily News, "With the security concerns at the arena, there's not much you can do to make it that much cheaper." [NYDN]
Filed under:
Loading comments...