The Appellate Division of the New York state court ruled four to zero to uphold the state’s right to use eminent domain to build the Atlantic Yards megadevelopment in Brooklyn, N.Y. Developer Forest City Ratner Cos. (FCRC), New York City, says it plans to break this year, with the intent that the Nets will play basketball in the planned arena, named Barclays Center, in the 2011-12 season. In 2006, the developer was aiming to move have the Nets into the arena by the 2009-2010 NBA season. According to FCRC, this is the 23rd consecutive ruling in favor of the megadevelopment,
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.