Fastest keyboard in the Central
This has to be a new record of some kind: Quote given at 3:45 pm EST; quote appears on web at 3:58 pm EST.
This has to be a new record of some kind: Quote given at 3:45 pm EST; quote appears on web at 3:58 pm EST.
More revelations about the Atlantic Yards arena deal, plus some hint of how the Nets themselves will fare in Brooklyn:
Uberdeveloper-turned-Nets-owner Bruce Ratner better have some good meds, because this is rapidly shaping up to be a month of rapid mood swings for him and his Atlantic Yards project. While Tuesday’s granting of a desperately needed investment-grade rating for the Nets arena bonds must have been a sigh of relief for Ratner, since then he’s been pelted by less-good news that promises to take chunks out of his wallet:
- The record-setting $20 million a year naming-rights deal agreed to by Barclays back in 2007 turns out to be worth only $10 million a year and change… [read more]
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]
The wrecking ball (or rather, the backhoe) has arrived at Yankee Stadium:
While the World Champion Yankees are fighting their way through lower Manhattan traffic this morning, a more somber ceremony is taking place in the Bronx, where the demolition of old Yankee Stadium has now begun in earnest. WCBS Radio helicopter pilot Tom Kaminski snapped a photo of a backhoe tearing into the left-field bleachers on Wednesday, and another yesterday that shows the center-field bleachers (aka “the black”) partly collapsed into debris… [read more]
With a horde of reporters wandering around the Bronx looking for World Series stories, it’s probably inevitable that some of them would wander onto 161st Street and ask local merchants how business is going what with the new stadium next door. Answer: not so hot.
It’s officially a meme: The New York Times, following in the footsteps of WNYC and WCBS-TV, has an article today on how business at stores on 161st Street has cratered after the new Yankee Steakhouse and Baseball Stadium opened this year. A sample of the Times’ contribution to the genre:
While working in his father’s souvenir shop up the block, [Saeed Alawy of Pin Stripe Collectibles] recalled, there was no time to fold the T-shirts before selling them. Customers were lined up three and four deep at the counter yelling out orders and tossing wads of bills.
“They were throwing the money,” Mr. Alawy, 47, said.
Over the course of an hour on Monday, just 13 shoppers wandered into Pin Stripe Collectibles and Mr. Alawy made only four sales, for a total of $107.
One could nitpick that there wasn’t actually a game in the Bronx on Monday, but the other reports indicate that it’s a problem even on game days: The Yankee Tavern’s owner told WCBS that his business is off 20 percent this season, while the Concourse Card Shop’s is down by half… [read more]
The Nets may be moving next year, but it’s not to Brooklyn:
Rumors of the Nets moving to Newark to join the Devils are as old as Jason Kidd’s knees, but hoops-by-the-Ironbound may finally be a reality, as early as next season. After the Newark Star-Ledger reported yesterday that unnamed team sources were saying the Nets would consider a temporary relocation to Newark while awaiting their new Brooklyn digs, today’s Bergen Record followed up with actual quotes from a real person — or as real as you believe “New Jersey’s economic czar” to be — saying that talks are underway between the state and the Devils to ease a Nets move… [read more]
New York Islanders Charles Wang has declared his team a free agent, but does he actually have any viable places to move to?
The hockey season is underway, which is bad news for Islanders fans in two ways. First off, they have to watch the Islanders for another year. Second, Saturday’s season opener marked owner Charles Wang’s self-proclaimed deadline for final approval of his gazillion-dollar Lighthouse development project. When the date passed without the town of Hempstead acting, Wang let loose with an outright move threat — or at least as close as sports team owners, who usually borrow their threat protocol from the Vercotti Brothers, get to outright — declaring that “we’re going to explore all our options” and that “anything is open,” including moving the team out of Long Island… [read more]
I’m quoted in the Tacoma News Tribune and the Kansas City Pitch today, talking about stadiums. The upshot of the former article: I’m not going to be getting out of this line of work anytime soon.
A revised study of the Atlantic Yards arena shows that the city would now lose money on the deal, while Nets owner Bruce Ratner would save megabucks:
This just hasn’t been a good week for Bruce Ratner, the Nets owner who’d rather be the Nets’ landlord. First, he unveils a new vision of his much-derided Atlantic Yards arena plan — now with more metal mesh! — and gets slammed by Times architecture critic Nicolai Ouroussoff for creating an “oddly clunky composition.” Then this morning the Independent Budget Office issued its revised projections for the arena’s fiscal impact on city coffers, concluding that any new tax revenues wouldn’t be enough to pay for the city’s costs…. [read more]
Yesterday was the third anniversary of the demolition of Macombs Dam Park to make way for the Yankees’ new stadium, and work on replacement parks is still far off in the distance:
As anyone who’s been to a game at Fake Yankee Stadium lately can attest, the old home of the Bronx Bombers across the street remains relatively intact, nearly a year after its final game. The last of the seats were sliced out in early June (taking care to preserve them for sale to any collectors willing to cough up $750 apiece), and demolition scaffolding went up later that month. Since then, though, all has been mostly quiet: Despite reports that the centerfield “black” seats would be carted off to Reggie Jackson’s estate by now, they were still intact as of Friday, as were the foul poles; even the bat-shaped weathervane atop the flagpole is still in operation… [read more]