Wednesday, June 13, 2007

BREAKING: Top Forest City/Atlantic Yards Executive Jim Stuckey Resigns

Fascinating news on the Atlantic Yards front: Jim Stuckey, president of the Atlantic Yards Development Group for Forest City Ratner, has resigned. Atlantic Yards Report writes that Mr. Stuckey, "the developer's point man for more than three years on the project, has resigned from the company, 'effective immediately, citing personal reasons and a desire to pursue new challenges.'"

AYR also wonders, "Was Stuckey fired? Well, we can't be certain, and Stuckey did lead Atlantic Yards past some significant challenges (though others remain). Still, whenever an executive leaves without a new job, seeking "new challenges," and when the accompanying press release makes no effort to honor him for his accomplishments, there's no celebration going on."

It's fascinating in that Mr. Stuckey was the key person on Atlantic Yards. His departure is certainly curious. Check out AYR for complete analysis.

[Photo courtesy of pbs.org]

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1 Comments:

Blogger Gary said...

Egads. As with anything, it usually takes some time for the reasons to come out.

BTW, 735 people signed on to the F train petition already . . . Thanks for your help!

10:52 PM  

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