ESDC’s determination upheld that three blocks outside urban renewal area were blighted. In 2003, Forest City Ratner proposed to redevelop a 22-acre site in Prospect Heights, Brooklyn. The site included portions of the Atlantic Terminal Urban Renewal Area and portions of three privately-owned blocks outside the renewal area. After Ratner’s proposal was accepted, the Empire State Development Corporation designated itself as lead agency for the project under state environmental law. ESDC prepared an environmental impact … <Read More>
Atlantic Terminal Urban Renewal Area
Court affirms dismissal of Atlantic Yards challenge
Residents argued that the project’s public uses were illegitimate. The $4 billion Atlantic Yards project calls for an 18,000-seat arena for the Nets professional basketball team, a 180- room hotel, at least 16 high-rise apartment and office buildings, and eight acres of open space. The project site includes the Atlantic Terminal Urban Renewal Area, as well as surrounding areas developed by commercial and residential structures. The project calls for the Empire State Development Corporation to … <Read More>