More trouble for Atlantic Yards?
There may be more trouble for the troubled Atlantic Yards development in downtown Brooklyn, with reports surfacing Thursday that the planned Frank Gehry-designed arena for the Nets might be scrapped.
A spokesman for the developer, Forest City Ratner, denied reports to the The New York Times that Gehry had been removed from the project but said it may be scaled back to save money.
The $1 billion glass-enclosed arena had been the centerpiece of a 22-acre, $4.1 billion development. Site work has been stopped until pending lawsuits are resolved and the developer has said it is shifting focus to rental rather than condo buildings.
