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Over the next ten years, “Brooklyn’s newest neighborhood,” Pacific Park (formerly known Atlantic Yards) will rise from a long strip of excavation rubble, smack-dab in the center of Park Slope, Fort Greene, Clinton Hill, and Prospect Heights. It will be a hub of 15 mixed-use towers extending from either side of Barclays Center, covering  22 acres (eight of which will be privately-managed public open space) and including 6,430 apartments, and 14,000 brand new residents. “Brooklyn’s newest...
Bruce Ratner is a man who wears many hats, but lately, many of them are emblazoned with the Brooklyn Nets shield. Ratner is the executive chairman of Forest City Ratner, the development company that dragooned its way into the Atlantic Yard/Pacific Park project, of which the Barclays Center is the crown jewel (and the only completed building). As such, Ratner owns a majority stake in the arena—55 percent, to be exact—a holding he shares with...
Despite not being quite finished, several apartments in the development called "Lefferts Place Mews" hit the market late last week. Encompassing 76, 80, 84, and 88 Lefferts Place, the development will eventually comprise 31 condo units. A 724-square-foot one-bedroom, one-bath apartment was listed for $625,000; at just over $863 per square foot, the unit tops the neighborhood average of $771 per square foot by about 12 percent, according to sales data from Trulia.But the math...
And so-called "Pacific Park" rolls on: The Empire State Development Corporation (ESDC) has asked a Brooklyn Supreme Court judge to assess appropriate compensation for the owners of seven properties in the Atlantic Yards Development Zone. DNAinfo reports this morning that, in the never-ending shell game of New York City real estate development, the ESDC is operating on behalf of Forest City Ratner, the developer in charge of the Pacific Park rebrand, who brought on Greenland Holding earlier...

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