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Why did NY waive $5.25M in Atlantic Yards fines? The developer threatened to sue.

Summary by Gothamist
Officials from the state’s economic development authority said they decided not to impose penalties over missing affordable housing after the developer claimed it faced "unavoidable delays."

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GothamistGothamist
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Why did NY waive $5.25M in Atlantic Yards fines? The developer threatened to sue.

Officials from the state’s economic development authority said they decided not to impose penalties over missing affordable housing after the developer claimed it faced "unavoidable delays."

·New York, United States
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Gothamist broke the news in New York, United States on Wednesday, August 13, 2025.
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