Brookfield Behind on Ninth Avenue Towers

Brookfield Properties has yet to begin "substantial" construction of a platform necessary to construct its two planned Ninth Avenue skyscrapers, despite earlier statements that the work would begin this past summer, according to Real Estate Weekly.

In February, Brookfield, led by hunky CEO Ric Clark, said work would begin on the platform over the railyard in June, according to The New York Times:

"Despite a flagging economy, Brookfield Properties says it will start work in June on a $600 million platform over railroad tracks near Ninth Avenue, where it plans to build two towering office buildings."

The railyard comprises half of Brookfield's five-acre lot, bounded by Ninth and Dyer avenues, 31st and 33rd streets.  read more »

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