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Development plans for Sheepshead Bay station plaza |
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Posted by trainsarefun on Sun May 24 15:08:21 2009 Via The Real Deal, here is a preview of plans for the area. Available there is also a slideshow and an aerial image of the prospective development.No one really knows if all of this will be built, but if it were, it would work a fairly radical change in the area. |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by QM18Express on Sun May 24 16:01:49 2009, in response to Development plans for Sheepshead Bay station plaza, posted by trainsarefun on Sun May 24 15:08:21 2009. I have to agree. I do love that area however it would dramatically change the area. Hopefully that don't start for another 2 or more years as Sheepshead Bay is on my list of the parts of Brooklyn I want to move to. |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by Dan on Sun May 24 16:32:53 2009, in response to Development plans for Sheepshead Bay station plaza, posted by trainsarefun on Sun May 24 15:08:21 2009. Nothing will be done there until the real estate market recovers. Expect a lot of community opposition. My guess is that anything that tall would require a zoning change which would also be fought by the community. |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by SLRT on Mon May 25 09:11:49 2009, in response to Development plans for Sheepshead Bay station plaza, posted by trainsarefun on Sun May 24 15:08:21 2009. Seems inappropriate for the area. |
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Posted by Think twice on Mon May 25 13:19:57 2009, in response to Development plans for Sheepshead Bay station plaza, posted by trainsarefun on Sun May 24 15:08:21 2009. If it's built with that "proposed new road", the DOT could pedestrianize Sheepshead Bay Road between E 14th and E 16th. |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by trainsarefun on Mon May 25 15:00:40 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by Dan on Sun May 24 16:32:53 2009. Nothing will be done there until the real estate market recovers.I am inclined to agree strongly; no details on the financing, which is all important given these interesting times. My guess is that they want prospective tenants to sign on, which will then help the developers to secure financing. Unless it's a no financing deal, which would be rare, although not unheard of, e.g., a few weeks ago, there was a sale of a few buildings in Glendale, 70+ units, for $8+ million, no financing. My guess is that anything that tall would require a zoning change which would also be fought by the community. I really don't know much about the surrounding community and their attitude, although generally something this large would be provocative, yes. It looks and sounds - we are short on details - as though the developers will be relying on various tricks of zoning law to increase the maximum allowable height beyond what it would otherwise be. Of course, now that they have unzipped their fly, they are vulnerable to a rezoning. Earlier this year, New York County Supreme Court Justice Nicholas Figueroa rejected a challenge by developers to a rezone in the Rockaways that will hamper development if upheld. |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by trainsarefun on Mon May 25 15:01:49 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by QM18Express on Sun May 24 16:01:49 2009. Hopefully that don't start for another 2 or more years as Sheepshead Bay is on my list of the parts of Brooklyn I want to move to.No guarantees of course, but I think that you will very likely have at least that 2 year window. |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by 5301 Fishbowl on Mon May 25 15:10:09 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by QM18Express on Sun May 24 16:01:49 2009. Are you from Moscow or Saint Petersburg? :-) |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by Dan on Mon May 25 15:41:23 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by trainsarefun on Mon May 25 15:00:40 2009. You have to re-zone before they pour a foundation. If they get that foundation in tomorrow, then they are covered by the current zoning requirement.That lot is one strange shape. But I'm amazed at how builders can squeeze stuff into the weirdest lcations. Even the "proposed new road" is weird. ![]() |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by trainsarefun on Mon May 25 22:05:30 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by Dan on Mon May 25 15:41:23 2009. You have to re-zone before they pour a foundation.I wouldn't know without checking the zoning maps and keys, to be honest. Sheepshead Bay is fairly far from the leagues that I have played in. If they get that foundation in Yes, they would want to garner some vesting. But I wonder whether the unveiling of these plans really did unzip their fly in such a way that the opposition can move before the developer can even get financing done in order to begin construction. That lot is one strange shape. Agreed! But I'm amazed at how builders can squeeze stuff into the weirdest lcations. That's part of the modern marvel of construction in the big city, getting great things done in these oddly shaped, often smallish lots. Even the "proposed new road" is weird. My strong hunch is that this new thoroughfare, depending on the details, is part of their formula to legally overbuild. |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by Broadway Buffer on Mon May 25 23:10:19 2009, in response to Development plans for Sheepshead Bay station plaza, posted by trainsarefun on Sun May 24 15:08:21 2009. This part of Sheepshead Bay is one of the few real neighborhoods left in Brooklyn. Keep these glass giants in Williamsburg, Greenpoint, "Bedford", SoBro, and all the other places they've ruined by letting in these latte-lapping snobs. And once they arrive we'll hear about complaints for Brighton Exp service to be through to Stillwell and how nobody can understand why the MTA hasn't done it yet, among other complaints. But in their minds, the area isn't cool enough and needs to be revitalized. |
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Posted by brightonr68 on Mon May 25 23:18:00 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by Broadway Buffer on Mon May 25 23:10:19 2009. Sheapshead is filled with luxury apartment towers. There are 4 to five new building put up in the last 5-10 years within a few block radius of the station.Hope they get this project of the ground and the tax dollars start rolling in. The city should also build a multi-deck parking garage on the municipal lot behind the ballys and use it as a park and rude facility cutting out costly express buses The area is much better than it was in the early 1990's. I think sheepshead bay road stip has the highest density of Sushi joints in the country. Fresh and good prices |
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Posted by brightonr68 on Mon May 25 23:18:58 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by QM18Express on Sun May 24 16:01:49 2009. There are a few building along edmonds that are not selling and you can get a good deal on a condo |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by brightonr68 on Mon May 25 23:24:17 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by trainsarefun on Mon May 25 15:00:40 2009. The Russians love modern buildings. This project is being built on the old verizon depot plus the buildings next to the station. It is a welcome improvement. The guys at the gyms are positive on this project. there will be little to no opposition as nothing but run down stores and an empty lot are being replaced which is away from where anyone lives. the lot runs the entire length of the platform. the MTA should negotiate to make sheepshead bay station ada compliant with the help of the developer. maybe the developement can span over the station to the other side. |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by R42 4787 on Mon May 25 23:27:34 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by brightonr68 on Mon May 25 23:18:00 2009. If you want to have a peek of early 90s Sheepshead Bay, rent the 1992 film version of 'Glengarry Glen Ross', which was filmed on Sheepeshead Bay Road across from the BMT station and has lots of scenes with R68/R68As on the D. |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by Terrapin Station on Mon May 25 23:27:42 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by brightonr68 on Mon May 25 23:18:00 2009. how rude! |
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Posted by brightonr68 on Mon May 25 23:31:06 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by trainsarefun on Mon May 25 22:05:30 2009. That street will cut down traffic in the area. The parking lot is needed in this location and the tower is set back from the road. Why is everyone so anti-development. This project looks good to me. New stores and parking and new riders and money for the mta. i would buy a place in this project if I can gather up the scratch. It is being built on a former industrial site.The whole area around the train station has built up over the last few years. This is exactly the kind of development you want around a mass transit hub. The city should be encouraging. They should encourage more residents and businesses around the 62nd street station on the D and N, bay parkway and 9th ave and restart west end express service. We need more tax payers. It is good for all |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by brightonr68 on Mon May 25 23:33:13 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by Think twice on Mon May 25 13:19:57 2009. won't happen then how do you get to the other side of the belt parkway. There is not room for people to turn left on Voorhies and right on sheepshead bay road. No body want that. |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by brightonr68 on Mon May 25 23:35:10 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by R42 4787 on Mon May 25 23:27:34 2009. I was there when it was shooting. The neighborhood was grimmy and shaddy around the train station. used to get off the train there every day and go to the bally's after high school.On friday nights we would go to the night club intensity's. The pool hall was shaddy also |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by Broadway Buffer on Mon May 25 23:35:16 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by brightonr68 on Mon May 25 23:18:00 2009. I hope the funding falls through. There have been developments near there, but they haven't quite destroyed those two streets as this would. Sheepshead Bay Road doesn't need to become Bergen St South, but under this plan it wouldn't be too far removed. Towers that tall do not belong there, and there has been way too much rezoning in this borough as is. |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by brightonr68 on Mon May 25 23:40:38 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by Broadway Buffer on Mon May 25 23:35:16 2009. The tower is way set back from the street (middle of the train ) Why not allow what the people want. WE want this project. There are more high end german cars running around the streets than Chevy's in sheepshead. Redevelopment is good for all.There are 15 story towers a half block from the train station. If we don't build housing people want to live, how can the city grow and pay down the mountain of debt the gov keeps ringing up. You can not afford to eat anywhere on edmonds ave anymore. that's ok. Let the Russians pay up in sales tax and trickle down the money to the workers who work the resturants and cafe's and bars. It is better than the crack addicts and hookers that roamed edmunds in the 1990's. |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by brightonr68 on Mon May 25 23:47:14 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by SLRT on Mon May 25 09:11:49 2009. Not at all. It is obvious you don't live in the area. it is perfect. There are high end shops along sheepshead bay road mixed in with the mom and pop stores.You are more likely to see someone with a Louis Vetton bag than wear Lee Jeans |
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Posted by trainsarefun on Mon May 25 23:58:11 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by brightonr68 on Mon May 25 23:31:06 2009. Why is everyone so anti-developmentWell, not everyone. I'm one of those sinister aiders and abettors of some diabolical developers. there will be little to no opposition Others here know the area far better than I do. But I believe that the project's height will provoke some opposition, as will fears of 'gentrification'. Anyhow, the first hurdles will be zoning and financing. We shall see how this plays out. |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by brightonr68 on Mon May 25 23:59:30 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by brightonr68 on Mon May 25 23:47:14 2009. No special zoning is needed to get this project of the ground"According to Brian Hanson, who brokered the $20 million sale of the property, the zoning is as-of-right whether the square footage is 335,000 or 240,000, so no variances will be needed. Given the current zoning and FAR for the area, it can be up to 340,000 square footage, all commercial or a mixture of residential and commercial." This is a good thing for commuters and the MTA as it will give shoppers along the brighton and other subway lines a closer shopping experience. The new road lines up with the belt parkway exit and there is room between the current shore parkway and the highway to add new traffic lanes. the on ramp onto the belt will need to be improved This would also make my plan to loop the west end and the brighton trains more worthwhile. I have written the mayors office. Make some west end trains pass through Stillwell and onto the brighton back to manhattan and brighton trains loop through stillwell up the west end line. this would take traffic off the road and give fast interborough commutes to west end and brighton riders. Taking an hour long b4 ride to sheepshead from bensonhurst keeps me in my car |
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Posted by trainsarefun on Tue May 26 00:03:26 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by brightonr68 on Mon May 25 23:24:17 2009. MTA should negotiate to make sheepshead bay station ada compliant with the help of the developer.Perhaps in the zoning/land use horse trading, that can be exacted from the developer in exchange for approval of a plan on the commodious end of things. Of course, I have never known MTA to be skillful at negotiating anything, e.g., Willets Pt station naming rights. |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by brightonr68 on Tue May 26 00:05:12 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by trainsarefun on Mon May 25 23:58:11 2009. "I believe that the project's height will provoke some opposition, as will fears of 'gentrification'. "The area is already middle to upper middle class. There is no gentrification fears. There are some rent stablized buildings. This does not affect them. They opened up a luxury building around the corner on 15th street and Z with a luxury car leasing company showroom. I am in sheepshead bay 6 days a week. I know the area and the head of the bay improvement group. The biggest complaint is that the city is starving the area of new parking spaces which chased half the boat fleet away to other places. they need to work out the traffic issue. that can be done |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by Broadway Buffer on Tue May 26 00:09:32 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by brightonr68 on Mon May 25 23:40:38 2009. If it's what the people want, but I don't know if it is. The mom & pop businesses that you mentioned in another post could be priced out if the area "develops" enough. Coffee Spot could be converted to Starbucks, Off Shore to an Applebees-like joint and so on. I doubt this will happen with little opposition, at least not as it stands presently. |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by brightonr68 on Tue May 26 00:11:42 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by trainsarefun on Tue May 26 00:03:26 2009. Very true. But this is exactly the type of thing the mta should be doing to improve facilities at no cost to taxpayers or riders.See the right over the tracks and make the station 100% ada The project needs tweeking but I think it is positive. the blog I just read has equal amount positive and negative. The traffic issue needs to be adressed. The parking lot entrance and exit needs to be on the shore parkway side and the developer needs to pay for road improvements. During rush hour voorhees is a parking lot. The lot along the belt abutting the train yard would be a perfect place for a mall and a new subway station or park and ride for coney island.. The mta needs to improve it's revenue stream without new taxes or higher fares. There are ideas out there that can be explored |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by trainsarefun on Tue May 26 00:15:12 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by brightonr68 on Mon May 25 23:59:30 2009. They seem to be counting on what is the case to say what will be the case. But that's tricky business.Make some west end trains pass through Stillwell and onto the brighton back to manhattan and brighton trains loop through stillwell up the west end line. this would take traffic off the road and give fast interborough commutes to west end and brighton riders. Such a circuitous route strongly suggests that something like a light rail link or a dedicated bus corridor would be more efficient. |
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Posted by brightonr68 on Tue May 26 00:16:56 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by Broadway Buffer on Tue May 26 00:09:32 2009. Many of these mom and pops don't pay there fair taxes. There is already an aplebees and since it opened the mom and pop resturants in the area have increased business. There is enough money in sheepshead bay to support all. On average sheepshead bay residents are colege educated people with skills who enjoy local resturants and not just fast food and chains |
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Posted by Easy on Tue May 26 00:21:33 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by trainsarefun on Mon May 25 15:01:49 2009. In LA these types of projects take two years to get started even in the good times. It's good to have projects like this on the table now so when/if the economy recovers in a couple of years these will be ready to go.What's the status of Atlantic Yards? |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by brightonr68 on Tue May 26 00:22:22 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by trainsarefun on Tue May 26 00:15:12 2009. "Such a circuitous route strongly suggests that something like a light rail link or a dedicated bus corridor would be more efficient."It won't and the tracks and switches are there for such a service. I moved to bensonhurst (near 71th street station) 2 years ago and the mass transit option to get to sheepshead bay are terrible. I own a car but will take mass transit if it makes sense. The subway is currently set up to take people to the city and not to any other part of brooklyn. Why not run the West end and the Brighton as a loop. The tracks are there. The manahattan destination is the same plus it adds extra transit options to brooklyn riders. To take the bus from the west end area to the brighton areas is a long slow ride that no one except the poor would take. To take the B4 from 16th ave to sheepshead bay station is 35-45 min plus a long wait at times. By train it is 15-20 min max. Yes I can change at stillwell but that is a royal pain and you miss the connection half the time plus unless you are able bodied it is a lot of steps. |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by brightonr68 on Tue May 26 00:27:32 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by Easy on Tue May 26 00:21:33 2009. Atlantic yards is being held up by Hippies elitists who want to keep the area grimmy and cheap for themselves. many bought into the loft building(illegally for residence) and hoped to make millions on there money. they have a group called develope don't destroy brooklyn who is suing the developer on every angle they can think of. They have lost most of the suits but it is holding everything up. they hope to employ the classic anti-developement stategy of delayign so long that the developer gives up.This won't happen in sheepshead. This project has been on the table for 2 years. It is my guess that it will be scaled down and 3-5 years at best before significant work gets done. There are tons of unsold condo's in the sheepshead brighton area. |
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Posted by Broadway Buffer on Tue May 26 00:30:32 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by brightonr68 on Tue May 26 00:16:56 2009. Aren't there many Russian immigrants in the neighborhood who are more working to middle class as opposed to the high-end German car drivers that you mentioned? I just find it hard to believe that they get would behind a project like this. |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by Easy on Tue May 26 00:34:27 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by brightonr68 on Tue May 26 00:27:32 2009. I believe that. It really was too much for the area IMO.Also, it's the economy that's holding it up I would think. Ratner couldn't get financing the last I heard. According to Curbed it's essentially dead, but that was months ago when I heard that. Weren't the Nets supposed to move there? |
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Posted by trainsarefun on Tue May 26 00:35:41 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by Easy on Tue May 26 00:21:33 2009. What's the status of Atlantic Yards?Forest City Ratner recently won in a takings clause challenge filed by holdouts in the appellate court; opponents vow an appeal. But this may yet open the door to financing. But the big story is financing. Financing gets a lot more expensive if they can't do it this year. Meanwhile shares of the company are falling, and plans for one of the residential towers were withdrawn. The politicians - Bloomberg, Yassky, DeBlasio, etc. - are now almost all opposed to the project, and in a way the vultures are circling, so to speak. But if they can float the tax free bonds this year, I think that will resurrect the project, even if it's trimmed down somewhat. |
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Posted by trainsarefun on Tue May 26 00:37:52 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by Easy on Tue May 26 00:34:27 2009. Weren't the Nets supposed to move there?The Nets are part of the problem. They've been losers, fiscally speaking, and Forest City Ratner has been taking a beating there too. There is some rumbling that the Nets won't move if NJ can come up with a better deal. Stay tuned! |
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Posted by brightonr68 on Tue May 26 00:37:57 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by Broadway Buffer on Tue May 26 00:30:32 2009. The immigrant russians are in brighton. The sheephead bay Russians are the more educated bunch. Come do a tour yourself. there is a luxury car leasing joint on sheapshead bay road and shore parkway and another on east 15th and ave Z near the municipal parking lotThe area is a mix of middle class and upper middle class people. people. Take a walk on edmomds from sheepshead bay road to bedford and look at the prices at the steakhouse and other resturants. Remember that the rusians come over here with good educations and want to move up the social ladder. They often good to trade school or college and get high paying jobs. Not all but many The only problem with this project is how are they going to deal with the traffic Take a look at the people coming off the train from manahttan at night. Look at all the Sushi resturants there are |
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Posted by brightonr68 on Tue May 26 00:41:01 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by trainsarefun on Tue May 26 00:35:41 2009. "But if they can float the tax free bonds this year, I think that will resurrect the project, even if it's trimmed down somewhat. "The financing markets are improving but until much of the unsold inventory of apartments in the area are sold not much is going to happen. A shame it is a good project for brooklyn especially the minority residents in the surrounding areas and not so much for the lawyers living in brooklyn heights. there lies the problem |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by brightonr68 on Tue May 26 00:43:18 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by trainsarefun on Tue May 26 00:37:52 2009. the nets in brroklyn would be a hot ticket. the place would sell out big time.We will see what happens. another example of NY nonsense. An area of empty warehouses that are falling apart |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by Easy on Tue May 26 00:48:10 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by brightonr68 on Tue May 26 00:43:18 2009. IAWTP.A losing Nets team would be bigger in Brooklyn than a winning Nets team in NJ. And if they're winning....woah! |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by brightonr68 on Tue May 26 00:57:22 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by Easy on Tue May 26 00:48:10 2009. There are many reasons why the net are a financial mess.Many of the season ticket holders in NJ abandoned ship once the move to Brooklyn was announced. The location of where the nets play is impossible to get to during rush hour when the game starts. In Brooklyn there is a much bigger basketball culture and a population with money within a stone's through of the arena. Major subway lines and the LIRR are right there. The nets in newark would draw more. The jersey sales alone would be off the hook. The cyclones sell more stuff than some major league teams and I can't name a single player. |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by RIPTA42HopeTunnel on Tue May 26 09:18:37 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by trainsarefun on Mon May 25 22:05:30 2009. I wouldn't know without checking the zoning maps and keys, to be honest. Sheepshead Bay is fairly far from the leagues that I have played in.It's zoned C4-2; the tallest residential building they could build as of right is 55 feet. My strong hunch is that this new thoroughfare, depending on the details, is part of their formula to legally overbuild. It also looks like it isn't a public street (5% ramp up to it), so the space taken up by the street will help them stay within the FAR. They also set aside space for "community facility," which is a FAR bonus. |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by RIPTA42HopeTunnel on Tue May 26 09:25:59 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by brightonr68 on Mon May 25 23:59:30 2009. No special zoning is needed to get this project of the groundI stand corrected, though I still don't see how a 22-story tower fits into the height requirement for the existing zoning. It also appears that only 175 accessory off-street parking spaces are being provided, which seems low for the scale of the development. |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by RIPTA42HopeTunnel on Tue May 26 09:29:16 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by Think twice on Mon May 25 13:19:57 2009. If it's built with that "proposed new road", the DOT could pedestrianize Sheepshead Bay Road between E 14th and E 16th.The "proposed new road" does not look like a public street. |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by trainsarefun on Tue May 26 11:01:54 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by brightonr68 on Tue May 26 00:41:01 2009. Financing with debt instruments that has certain favorable tax consequences would enable Forest City Ratner to have far more favorable terms on the transaction as a whole relative to the state of affairs that would prevail if they missed the year-end deadline and had to seek out financing in relatively weaker, more conventional, credit markets. |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by trainsarefun on Tue May 26 11:17:22 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by RIPTA42HopeTunnel on Tue May 26 09:18:37 2009. It's zoned C4-2Thanks! It also looks like it isn't a public street (5% ramp up to it), so the space taken up by the street will help them stay within the FAR. They also set aside space for "community facility," which is a FAR bonus. Thanks for noting the grade; I agree with your assessment. I still don't see how they're clearing this 'residential tower', though. Seems to suggest that they have a few more tricks. |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by brightonr68 on Tue May 26 11:21:55 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by trainsarefun on Tue May 26 11:01:54 2009. I understand. It is up to the city to step up and grant them tax free bonds. i don't think they would be able to issue bonds on there own for a residential project in the current climate. There are 3 other residential projects in the metrotech area that are having a large number of cancelations and are trying rent to buy schemes. I hope this project gets off the ground. The opposition has a selfish interest in the matter. 1) they want to protect their hippy utopia 2)they are against any business making money 3) they want to hold onto their illegal lifts knowing that the value will skyrocket in the future as the area around them is steadily improving Ratner or not. The opposition don't care about private sector construction jobs. The average opposition person is college educated and some are trust fund babies. I sometimes go to Fredy's bar which borders the project. They have there heads in the clouds. |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by brightonr68 on Tue May 26 11:21:55 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by trainsarefun on Tue May 26 11:01:54 2009. I understand. It is up to the city to step up and grant them tax free bonds. i don't think they would be able to issue bonds on there own for a residential project in the current climate. There are 3 other residential projects in the metrotech area that are having a large number of cancelations and are trying rent to buy schemes. I hope this project gets off the ground. The opposition has a selfish interest in the matter. 1) they want to protect their hippy utopia 2)they are against any business making money 3) they want to hold onto their illegal lifts knowing that the value will skyrocket in the future as the area around them is steadily improving Ratner or not. The opposition don't care about private sector construction jobs. The average opposition person is college educated and some are trust fund babies. I sometimes go to Fredy's bar which borders the project. They have there heads in the clouds. |
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Re: Development plans for Sheepshead Bay station plaza |
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Posted by brightonr68 on Tue May 26 11:25:30 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by trainsarefun on Tue May 26 11:17:22 2009. I think the residential tower may be reduced but the community issues have more to do with trafice. There are other 10-12 story towers in the area and if you lo0k at the plan the tower is set back in the middle of the project and would not cast a shadow on any residences(there are non with in a block in each direction of where the towereis proposed)The positives are the off street parking which is needed in this area. As a community bonus it can be used as a park and ride. As for the traffic . Verizon used to pull in and out a hundred trucks a day out of there. The traffic on Voorhees is rough at times. |
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