AY Footprint Purchase

I think the worst part will be living through the construction for 10 years....but if you really love it, go for it. Which house? Is it the one on Bergen?

It's a little hard to conceptualize how big the Atlantic Yards project will be, as it is proposed. It is the biggest development proposal in the history of this city. There will be an average of 500 trucks coming every day for 10 years, but it's fair to expect that construction will last more than 10 years. There will be times when Vanderbilt will be shut for traffic in both directions, and I think even Atlantic will be shut at times. There will also be a few periods when construction will go on 24 hours a day.

The first part of the project to be built will be the arena, so you will also have 250 large events a year during the construction, on top of regular traffic. If you're closer to Vanderbilt, that won't effect you as much, because that area will be used as a parking lot for construction workers.

When built, it will be have one of the highest RESIDENTIAL densities of anywhere on earth, as far as I know. The residential density will be about twice as high as the densest residential census tract in North America. Assuming it is built as planned.

According to the Final Environmental Impact Statement, the main document dealing with mitigations, despite the construction of 16 highrises, traffic will improve because they will adjust the timing of the lights. Other impacts could not be mitigated, and according to the state process, that's fine.

My understanding about Newswalk is that it is hard to sell units there, and that if people can sell, they are getting less than what they paid for.

As you might guess, I am opposed to the Ratner proposal, but there's no dispute that the project is 8 million square feet. If anyone else has an altnerate reading of the FEIS, please let me know.

Wow... there is a bit of misinformation going on here. First of all - I'd pay money to meet someone who LOST money at Newswalk. Did you not read the story about the guy who bought for $500,000 3-4 years ago and just sold for $1.325 mln? And while he did not get his $1.5 mln initial asking price... he represents the norm and is not an outlier. Go to Property Shark if you do not believe me. As for difficulty actually completing sales -- they do take longer to sell for sure and at prices that are lower than a year ago. But isn't that true for pretty much the 5 boros thes days?

Secondly... 24 hour construction? I've read an awful lot of documents on this monster... but I never saw that. If I am wrong, please direct me to where it says that. I did see construction at times will go to 11 pm and that it will also, periodically, go on for 7 days a week.

As for 250 large events a year -- that's a new one to me as well. I have read of 250 events a year both big AND small.

Finally...500 trucks a day? That's 50 an hour in a 10 hour day... Is that possible given how the lights are timed on Atlantic Ave? Just asking.

I live in the footprint and am not a supporter of the project, but I don't think it makes sense to scare away people with misinformation because not only does it drive down my property values, it makes the opponents of the project look uniformly unreliable amid their misstatements.

That said, I usually do not disagree this much with Raul.

I read approx. 450 trucks a day delivering to the site, I believe in the times, but it was a few months ago, and I can't find it now. If they're also going to close Vanderbilt down periodically, my little shop is not going to survive.