After months of criticism that his plans for Brooklyn's Atlantic Yards were too big, Bruce Ratner has quietly announced that he is scaling back. He plans to scale back the $3.5 billion project by 5 percent, knocking off a combined total of about 23 stories from seven of the planned 16 towers. The centerpiece of the project, the Nets arena, will be unaffected by the scaling back, but the decision could help him fight off critics concerned about traffic and street overcrowding.
- Nets Arena Will Lower Its Profile - Patrick Gallahue - New York Post
- Atlantic Yards is given a trim - Hugh Son - New York Daily News
- Arena Complex Shrinks by 5% in Latest Plan - Nicholas Confessore - New York Times
- Atlantic Yards Redevelopment and Arena EIS - Empire State Development Corp.
- Forest City Ratner Issues Revised Atlantic Yards Scale - Joe DePlasco - Forest City Ratner