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| Re: Reopening old underpasses - Atlantic Av IRT (304922) | |||
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Re: Reopening old underpasses - Atlantic Av IRT |
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Posted by Scott at FFFP on Thu Aug 31 22:58:57 2006, in response to Re: Reopening old underpasses - Atlantic Av IRT, posted by Dan on Thu Aug 31 22:20:42 2006. Some good points, Dan.Ratner dropped some of the office space not because of competeing commercial rents from across the river, but to ad more units of luxury housing. That's the only way he'll be able to make money. Ratner has already admitted in public papers that the arena will be a money loser. (Ratner hopes to stage 270 events a year, more than five a week -- and it would still lose money). By removing the office space, Ratner's promises of 10,000 jobs have been slashed to somewhere between 2,200 and 3,800 -- Ratner's numbers do fluctuate. As for encouraging subway use, surely more people would ride the trains. But as everyone here knows, the recently rehab on the Atlantic/Pacific Station was completed with no knowledge of or planning for the Atlantic Yards. It's a horizontal transfer point, not a vertical terminus (not for the subway lines, only the LIRR). In other words, if Ratner's skyscrapers and arena are built, Atlantic/Pacific will be a claustrophobic, dangerous nightmare. |
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