Real Estate Wire: State Seizes Seven Properties for the Atlantic Yards; BAM Cultural District Gets $131M
- The state has gotten approval to seize seven sites for Forest City Ratner’s Pacific Park Brooklyn project (previously named Atlantic Yards). Tenants now have 90 days to vacate their units. [DNA Info]
- The $1B three-tower expansion for Silvercup West is back on track. [Curbed]
- Most of the world’s billionaires call NYC home. [TRD]
- Winston Von Engel has been appointed as the new director of the New York City’s Department of City Planning’s Brooklyn office. [TRD]
- The BAM Cultural District has received $131M from the city. [NYO]
Pacific Park/Atlantic Yards (left); What’s to come for the BAM Cultural District (right)