I heard it - full spin interview - blah blah blah Brooklyn. Anti-Newark but loves the crappy Izod Arena - what a joke. Only interesting thing was when Carlin side swiped him with a rumor that Yormak is leaving the Nets since the arena is a pipe dream....that was interesting!
"you're not going to Brooklyn! " that one guy was grilling yormark pretty hard actually. "you lied to me twice! "
Carton is an a-hole. he dumbly suggested that with the financial crisis, Barclays might pull out. it's dumb on two grounds: 1) Barclays recommited two weeks ago and 2) Barclays recently established a retail brokerage business in the US, buying Lehman Bros. brokerage operation. The now need the marketing opportunity the arena presents more than they did when they did the original deal. On the other hand, Yormark seemed stunned when asked about the Dolphins job...denied it categorically, but he seemed stunned.
Yeah, I'm sure he has been in contact with the Dolphins seeing as he has friends and family in Florida football. He lied about being contacted probably not to draw any attention on the matter, but I think he was being truthful in saying he will be with the Nets for the move. I think he has invested to much time and effort into the team to just get up and head down to Miami. But he was definitely stunned by the question. He probably immediately got on the horn and tried to find out who could have leaked it.
Why wouldn't Barclay's recommit - everyone is lying through their teeth right now, why not Barclays. You are talking about a project that has been delayed for years - now they expect us to believe that in the worst economy since the Great Depression that they can come up with all this funding without issue? They are also assuming they beat the State filed lawsuits as soon as this Spring. I dont buy it He was clearly lying when he was nailed on the Miami job - plus to hear him discuss the "wonderful Izod Center" made him lose the last shed of credibility he could have had.
Right on schedule Yorkmak! LOL - how could he sit there with a straight face? Atlantic Yards project location sees work halted abruptly BY JOTHAM SEDERSTROM DAILY NEWS STAFF WRITER Wednesday, December 3rd 2008, 8:55 PM Work has abruptly halted at a key location of the controversial Atlantic Yards project, raising the possibility of additional delays on the $4.2 billion plan. A spokesman for developer Forest City Ratner said Wednesday construction at the Vanderbilt Rail Yards - where an NBA basketball arena and 16 towers are planned - would not resume until a lawsuit against the developer is settled. "As we said this fall we anticipate additional delays because of a pending court case," said spokesman Joe DePlasco, referring to an Appellate Division lawsuit challenging the use of eminent domain to acquire private land at the site. "Over the last two years, we've prepared the site for the next steps. We've gone about as far as we can go at this point with preliminary work, including sewer, track, infrastructure and utility work, along with demolition," DePlasco added. The developer's decision to suspend work last week marks a reversal of an earlier commitment to continue construction despite a barrage of lawsuits that has slowed work on the project. Forest City Ratner's long-deferred $100 million purchase of the MTA-owned rail yards, meanwhile, has also been delayed by the suit, said DePlasco and MTA officials. "Closing on the sale of the Vanderbilt Yards has been delayed as the parties work through a number of issues, including outstanding litigation," said MTA spokesman Jeremy Soffin. Every delay is potentially damaging to the megaproject in a global credit crunch where cash is getting more scarce. Though the developer claimed preliminary work was completed, an update from the Empire State Development Corp., said additional work - such as plans to remove debris, assemble train trestles and other construction - was slated for last week. Those plans never materialized as workers were told two weeks ago to finish up what work they could before a deadline last week, said an employee who was laid off, speaking on the condition of anonymity. A spokesman for McKissack, the Pennsylvania-based construction company hired to oversee work at the rail yards, did not return calls for comment. "They're stopping the work because they're having financial problems," said Daniel Goldstein, a member of the anti-Yards group Develop Don't Destroy Brooklyn. "The litigation is a problem for them, but as far as the work on the rail yards? They're delaying their own project because of their financial problems," said Goldstein.
They should wait until Ratner has enough money to buy the land and stadium without using tax payer money.
How is this dumb? There is a reasonable possibility that Barclay's does not get built at all, much less by 2011. As was mentioned, this is the worst economy since the Great Depression. Ratner cannot come up with funds which might not be available.
in 2010 there will be half as many housing units constructed than are presently, also construction jobs are forecasted to drop by nearly 30,000 in 2011 as compared to today. just saying, keep the wheels turning.
