Friday, December 08, 2006

Big Surprise: ESDC Approves Atlantic Yards Development

For the record, the Empire State Development Corp. voted this afternoon to approve the Atlantic Yards development and to allow the use of eminent domain to take property for the project. Rent stabilized tenants that would be evicted filed a lawsuit. Attention now shifts to the Public Authorities Control Board, which must approve the project, and to the courts.


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