New York's tallest apartment building won't be...and the reasons why are raising questions about Bruce Ratner's ability to finance and build Atlantic Yards. Beekman Tower, like Atlantic Yards a Frank Gehry-designed complex, was to be the city's tallest apartment building at 76 stories, but Forest City Ratner is now considering topping it off at 38 stories because of a shrinking market and other economic woes.
- Downtown Housing Complex May Downsize - Matthew Schuerman - WNYC
- Developer cuts tower from 76 stories to 38 - Amanda Fung - Crain's New York Business
- If FCR's Beekman Tower faces 50% cut, what does that say about Atlantic Yards promises (and designs)? - Norman Oder - Atlantic Yards Report