Quote:
Originally Posted by Dark Cloud
We've been saying this for years now, haven't we? I wish the Brooklyn thing would just die and be done. No way an arena is ever going to get built around a bunch of skyscrapers in Brooklyn. Not unless it's the Dodgers coming back.
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Yes we have, but at this point, the problem isn't getting an arena built around skyscrapers. It's that these skyscrapers (and condos and malls and other commercial developments) are never going to be built unless the current economic climate is flipped on it's ear. Commercial real estate values dropping, cap rates escalating, inability to get financing, price of steel rising, etc makes it impossible at the planned level. And as you and I know, the Brooklyn arena was publicized as being the main component of this project, but that's just Ratner's guise for the billions he was trying to make on the commercial property.