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Forest City Ratner CEO Gushes about Affordable Housing

03 May
Forest City Ratner CEO Gushes about Affordable Housing
Rendering of B2 by SHoP Architects

Rendering of B2 by SHoP Architects

Forest City Ratner president and CEO MaryAnne Gilmartin recently told a roomful of real estate honchos that although the arena was/is a big part of the Atlantic Yards project, it’s really the affordable housing that will “truly revolutionize the project.”  The New York Observer reports that Gilmartin went on to heap praise on Jane Jacobs and noted that she just moved from Westchester to a $3.85 million brownstone in Brooklyn.  (By the way, her new brownstone is full of classical fabulousness.)

That’s an interesting statement from Gilmartin, considering that critics pounded the Atlantic Yards project because of the delays, delays and more delays of the affordable housing component. Late last year, groundbreaking finally happened for the first affordable tower of the project. Known as B2, once its 32 floors are completed, it will be the world’s tallest modular building. Yay pre-fab?

Anyway, Gilmartin loves Jane Jacobs and is all about revolutionizing via affordable housing, so we’ll keep an eye on the affordable housing aspect of Atlantic Yards and see if the pre-fab revolution happens.

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Posted by on May 3, 2013 in Living

 

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