clock menu more-arrow no yes

Filed under:

First Atlantic Yards Apartment Building Breaking Ground This Year?

New, 9 comments

The Real Deal has a great roundup of all the tidbits of news from yesterday's Brooklyn Real Estate Roundtable, an always-sunny confab of developers and others with a stake in the borough's bricks and mortar. The headline is the update from a Forest City Ratner exec on the progress at Atlantic Yards, where the first apartment building (of the 16 that are still somehow planned) is expected to break ground this year. TRD writes:

The first residential building on the site will be a 50-30-20 project, she said, meaning 20 percent of the apartments will be reserved for low-income tenants, 30 percent for middle-income tenants and the rest for market-rate renters. She said Forest City Ratner hopes to begin construction this year. In the meantime, the 18,000-seat Barclays arena is now under construction, and the curtain wall is scheduled for installation this summer, she said. There are already over 200 events planned for the stadium, she said, including the Ringling Bros. and Barnum & Bailey Circus and at least two tennis events.We still haven't seen a post-Gehry design for any Atlantic Yards residential buildings, and last we heard, an architecture dream team was being assembled for the project. So instead of a glimpse at Brooklyn's exciting future, please enjoy a photo of an ecstatic Bruce Ratner.
· First residential building at AY to break ground this year [Real Deal]
· Atlantic Yards coverage [Curbed]

Barclays Center

Atlantic Avenue at Flatbush Avenue, Brooklyn, NY