CityRealty Insider > New Developments in the News

New Developments in the News

SEPTEMBER 8, 2009

Tishman-Speyer fallout has a long reach and the Atlantic Yards project gets top design talent.

The trustees of Florida's pension fund may be out $250 million due to money that was invested in the Tishman-Speyer-run partnership that owns Stuyvesant Town and Peter Cooper Village along the East River. That ill-fated partnership has has already raised a dust storm of greed and its attendant fallout here in the city, and Ash Williams, executive director of the Florida State Board of Administration that oversees that state's pension funds claims the state is "carrying that investment at zero."

The Atlantic Yards project is in the news again, this time because SHoP Architects—the firm behind such high-profile modern designs as The Porter House and 290 Mulberry Street—have reportedly been chosen to assist in the design of the controversial Brooklyn project. Developer Forest City Ratner made headlines earlier this year with the decision to remove world-renowned architect Frank Gehry from the Yards project, and the decision to attach the influential firm is seen by many as a face-saving move.yeah

ALSO IN NEW YORK CITY INSIDER

© 2024 CityRealty.com, LLC Powered by Leadkit Terms of Use Privacy Policy Site Map

RLS IDX Data display by CityRealty.com, LLC. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

All closed sales data has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS). No warranty or representation is made as to the accuracy of any data provided by ACRIS or any other sources.

CityRealty is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please contact us at accessibility@cityrealty.com.

An equal housing opportunity

{"1":[40.775,-73.94,"East Side","_es"],"2":[40.79,-73.99,"West Side","_ws"],"11":[40.76,-73.98,"Midtown","_m"],"3":[40.736,-73.99,"Downtown","_d"],"13":[40.711309,-74.01,"Financial
District\/BPC","_fd"],"4":[40.682676,-73.973007,"Brooklyn","_b"],"12":[40.8444,-73.9376,"Upper Manhattan","_um"],"5":[40.7477089,-73.930411,"LIC \/ Queens","_qns"],"18":[40.8889782,-73.9025,"The Bronx","_bx"]}