This story, in slightly different form, originally appeared inthe New York Law Journal.
NEW YORK CITY-Activist Daniel Goldstein may have been the mostvisible and most vocal opponent of the Atlantic Yards project, buthis settlement with the project's developer, Forest City RatnerCos., does not mark the end of the legal battle against the$4.9-billion development.
Goldstein agreed Wednesday to move out of his condemnedapartment, step down from his position as spokesman of DevelopDon't Destroy Brooklyn and take his name off all pending AtlanticYards litigation in exchange for $3 million. However, four actionsintended to thwart the downtown Brooklyn project remain ongoing.Three of those actions have been dismissed at the trial level andplaintiffs have filed notice of appeal. The fourth has yet to beheard.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
