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Letter largely echoes positions/issues raised by BrooklynSpeaks coalition
(doesn't address scale/density)
Also in roundup:
--partial answers from ESD to my Qs
--a former neighbor's lament about disruption
--a Flatbush Ave. alert
-- six weeks of links
2/2 #AtlanticYards #PacificParkBK #BarclaysCenter

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Appraisal suggests #AtlanticYards railyard parcels could be worth $1B to developers.
Site 5 compounds value.
normanoder.substack.com/p/appraisal-...
Were public subsidies + more bulk assumed?
Are they merited?
Document shared w/investors assumed project completion by 2036. (Nah.)
@gothamist.com

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#AtlanticYards public meetings: Site 5 tower (across from Barclays) to focus on Flatbush; hotel still possible
normanoder.substack.com/p/more-from-...
Lingering questions about streetscape & retail.
Harsh criticism of community engagement. Could Atlantic Yards CDC fund its own financial consultant?

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A new, though murky, focus on the $350M that the #AtlanticYards developers seek for the railyard platform
normanoder.substack.com/p/a-new-thou...
Is this the only subsidy request? No. Was a privately-funded platform possible? That's murky.
@davidfbrand.bsky.social
tx @bennkeel.bsky.social 4 graphic

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Atlantic Yards CDC agenda: Executive Session should include details of developers' subsidy request. Routine budget approval invites scrutiny of annual spending. Sometime in the last day, with barely enough time to post public comment by today's deadline of 3 pm , Empire State Development (ESD), the s...

Atlantic Yards Community Development Corp. agenda: Executive Session should include details of new developers' subsidy request
atlanticyardsreport.blogspot.com/2026/03/atla...
Routine budget approval invites scrutiny of annual spending, given odd failure to draw down budget in past yr
#AtlanticYards

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#AtlanticYards developer Cirrus seeking $350M in NYS subsidies to build crucial platform over railyard
normanoder.substack.com/p/developer-...
An opportunity to ensure public goods like affordable housing, or a giveaway?
Cirrus/LCOR also seek more bulk (worth $320M?), housing subsidies & tax breaks

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#AtlanticYards roundup: waiting for a workshop, & key project details
normanoder.substack.com/p/february-r...
What "public resources" (subsidies) are sought?
How pay for the platform?
A Community Engagement report awaits.
Much more to review.

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One junior partner in Atlantic Yards is suing another, for $888M.
That's alarming.
normanoder.substack.com/p/one-junior...
Affiliates of the U.S. Immigration Fund & Fortress Investment Group are fighting over a separate project.
Shouldn't we know more about their stake, & clout, in #AtlanticYards?

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@cityandstateny.bsky.social ranks Brooklyn SE's Joe and Clara Wu Tsai #45 (too low IMO) in the Brooklyn Power 100, returns Social Justice Fund head Gregg Bishop to the list.
atlanticyardsreport.blogspot.com/2026/02/city...
A key lobbyist on #AtlanticYards also high on list.
Reciprocal ads common

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That's ≈875 people/acre
2) Since not building the B1 tower (over the Barclays Center) & preserving the valuable plaza helps arena operator BSE Global, can/will Empire State Development, the state authority that oversees the project, seek any payment from BSE?
#AtlanticYards
2/2

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December Digest: Workshop on the Public Realm, Discussion About Megaprojects The project is complicated; a look at some other press coverage reinforces that.

December #AtlanticYards Digest: Workshop on the Public Realm, Discussion About Megaprojects
normanoder.substack.com/p/december-d...

The project is complicated; a look at some other press coverage reinforces that.

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Can Public-Private Development Projects Be Fixed? Well, Maybe. But it requires better monitoring, new procedures (approve in phases?), and better execution. Plus, legislators and the public must step up. The press, too.

Can Public-Private Development Projects Be Fixed? Well, maybe.
normanoder.substack.com/p/can-public...
It requires better monitoring, new procedures (approve in phases?) & better execution
Electeds+the public+press must step up
#AtlanticYards
@joannesimonbk52.bsky.social @jabaribrisport.bsky.social

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New Atlantic Yards housing plan takes shape, with taller towers, higher income levels Developers and state officials will host a community workshop on the latest plan to build long-promised affordable housing near the Barclays Center.

Yet another chapter in #atlanticyards’ long history of broken promises on affordability from developers getting land for cheap and electeds/other gov leaders blinded by real estate $ and blind to community needs. A sad story that shouldn’t continue this way @normanoder.bsky.social

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Looking at ownership transfers for Vanderbilt Yard parcels that now involve "Brooklyn Ascending" entities. Plus: a key role for Fortress? So, are any of the various "Brooklyn Ascending" ownership entities--ten of which are apparently part of the Atlantic Yards deal, as I wrote ...

Looking at ownership transfers for Vanderbilt Yard parcels that now involve "Brooklyn Ascending" entities.
atlanticyardsreport.blogspot.com/2025/12/look...
Plus: a key role for Fortress?
Complex Atlantic Yards ownership stakes. #AtlanticYards

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Brooklyn Ascending everywhere?
atlanticyardsreport.blogspot.com/2025/12/comp...
In complex Atlantic Yards ownership structure, at least ten LLCs have "Brooklyn Ascending" in their name.
Start with Brooklyn Ascending LandCo.
#AtlanticYards

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No More Atlantic Yards! Can Mayor Mamdani embrace “social value” in New York City real estate?

No more #AtlanticYards! “Best and highest use” cannot be the only criterion for NYC #RealEstateDevelopment! #SocialValue #CommunityBenefits bit.ly/48vqnX1

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Can public-private development (Atlantic Yards, BMT) be fixed? Panel discussion set for Dec. 15. "Public-private development is failing the public. How can we fix it?" A virtual panel discussion on that topic is set for December 15 at 7 ...

Important panel Dec. 15 set to address Atlantic Yards & Brooklyn Marine Terminal projects.
As my link points out, the evidence since NYS failure to enforce #affordablehousing penalties for #AtlanticYards is even more concerning
atlanticyardsreport.blogspot.com/2025/11/can-...

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Thanks to @bennkeel.bsky.social for updated graphics
#affordablehousing #AtlanticYards

@brownstoner.bsky.social @joannesimonbk52.bsky.social @cmshahanahanif.bsky.social @jabaribrisport.bsky.social @cmcrystalhudson.bsky.social

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After new project details revealed and "community engagement" begun, advisory Atlantic Yards CDC set for public meeting Dec. 2 in Brooklyn With barely a calendar week--and only a few business days--of notice, Empire State Development (ESD), the state authority that oversees/shep...

After new project details revealed and "community engagement" begun, advisory #AtlanticYards CDC set for public meeting Dec. 2 in Brooklyn
atlanticyardsreport.blogspot.com/2025/11/afte...

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November Digest and Meeting Preview: New Development Team, Light Penalties, Murky Plans Will "Community Engagement," starting tonight, help shape a new plan or ratify what's already cooking?

Atlantic Yards Digest and Meeting Preview: New Development Team, Light Penalties, Murky Plans
normanoder.substack.com/p/november-d...
Will "Community Engagement," starting tonight, help shape a new #AtlanticYards #PacificParkBK plan or ratify what's already cooking?

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The BrooklynSpeaks Advice on Tomorrow's #AtlanticYards Meeting--and What's Missing
normanoder.substack.com/p/the-brookl...
The coalition has worthy words on affordable housing, density, open space, & accountability.
But it shouldn't ignore the likely concessions, the trade-offs, & the bad faith.

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If “There Really Is No Accountability,” as Per Former ESD Executive, Why Not Involve Third-Party Experts? The first Atlantic Yards Project Director came clean after leaving her post. As new project plan looms, the argument deserves expansion.

If “There Really Is No Accountability,” as Per Former ESD Executive, Why Not Involve Third-Party Experts?
normanoder.substack.com/p/if-there-r...
The first Atlantic Yards Project Director came clean after leaving her post.
As new project plan looms, the argument deserves expansion. #AtlanticYards

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Tight schedule: second workshop on future of Atlantic Yards announced for Dec. 8.
atlanticyardsreport.blogspot.com/2025/11/tigh...
Newly released "Project Briefer" omits key information re planned density.
#AtlanticYards #PacificParkBK
@joannesimonbk52.bsky.social @jabaribrisport.bsky.social

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Workshop on Height & Density Ignores Plan for Two Towers Across from Arena, Hints at New Configuration Over Railyard While Nov. 18 session purports to solicit public input, state authority overseeing project already supports a giant project at Site 5. Blank map for railyard points to revision of six-tower plan.

Workshop on Atlantic Yards Height & Density Ignores Plan for Two Towers Across from Arena, Hints at New Configuration Over Railyard normanoder.substack.com/p/workshop-o...
#AtlanticYards #PacificParkBK

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Workshop on Height & Density Ignores Plan for Two Towers Across from Arena, Hints at New Configuration Over Railyard While Nov. 18 session purports to solicit public input, state authority overseeing project already supports a giant project at Site 5. Blank map for railyard points to revision of six-tower plan.

Atlantic Yards Workshop on Height & Density Ignores Plan for Two Towers Across from Arena at Site 5
normanoder.substack.com/p/workshop-o...
Blank map for railyard hints at revision of previous six-tower plan.
What's next: new shapes? more towers? fewer towers?
#AtlanticYards #PacificParkBK

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First public workshop on #AtlanticYards future (density, open space, affordability) set for Nov. 18. (2 hrs!)
atlanticyardsreport.blogspot.com/2025/11/firs...
Does new map, w/o 6 railyard tower sites outlined, suggest potential reconfiguration?
Would public input have much effect?
#PacificParkBK

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The Murky Path to Cirrus's Control of the Remaining Project Was the key element debt regarding the B1/Site 5 parcels, or advantageous contract language in the second EB-5 loan? What about the EB-5 middleman? The explanations don't fully make sense.

The Murky Path to Cirrus's Control of the Remaining #AtlanticYards Project
normanoder.substack.com/p/the-murky-...
Was the key element debt regarding the B1/Site 5 parcels, or advantageous contract language in the 2nd EB-5 loan?
What about the EB-5 middleman? The explanations don't fully make sense

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Waiting for a New #AtlanticYards Plan. Lots of Big Questions.
normanoder.substack.com/p/waiting-fo...
The project is moving ahead, but we don't know the proposed scale, scope, affordability, & design, nor what public concessions new developers will seek.
New deadline = 2040s?
#PacificParkBK

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Construction union advocates need a better example than #AtlanticYards to highlight less costly development projects
atlanticyardsreport.blogspot.com/2025/10/cons...
After all, the developer pursued modular housing to lower wages
@thecity.nyc

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As Project Reboots, a Tight--but Augmented--Schedule for Community Engagement, Starting Next Month Advisory group thought two in-person sessions, then an online wrap-up, couldn't address issues like housing, density, transportation, public space and more. Now there will be a fourth workshop.

As #AtlanticYards Reboots, a Tight--but Augmented--Schedule for Community Engagement, Starting Next Month normanoder.substack.com/p/as-project...
Advisory group thought two in-person sessions, then an online wrap-up, couldn't address the meaty issues. Now there will be a fourth workshop.

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