Atlantic Yards “Cloud” Lifted, But Fog Remains: What About the Bonds? (Village Voice/Runnin’ Scared)

Attempting to make sense of yesterday’s court ruling on Brooklyn’s Atlantic Yards arena project:

So is the long-heralded arrival of Atlantic Yards finally at hand, or what? According to the front page of today’s Times (echoed on its sports page), the answer is yes: Following yesterday’s appeals court ruling, which dismissed challenges to the state seizing private land for the Nets-arena-and-other-stuff project, “a cloud of uncertainty that has hung over Atlantic Yards for more than a year had lifted,” writes development reporter Charles Bagli, while rookie Nets beat writer Jonathan Abrams calls the ruling the “last major hurdle in the groundbreaking process.”

When and whether the bulldozers will actually pull up to Freddy’s, though, remains murky… [read more]

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