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Brooklyn Atlantic Yards Gets $350m Lifeline

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What’s Happening With Atlantic Yards Now Atlantic Yards has entered another high-stakes shift as a new development team, Cirrus Workforce Housing and LCOR, assumed control in 2025 after years of delays and plan changes. As of early 2026, the site includes Barclays Center and eight finished residential towers, while eight more towers from the original vision remain unbuilt. The first phase produced 3,212 apartments. Delays, Density, and Community Impact The revised plan now targets about 9,000 apartments, adding more than 2,000 units beyond earlier approvals. That second phase could bring roughly 5,000 more homes, but the construction timeline remains long and uncertain. Platform work over the rail yard is expected to take about three years per section, pushing some tower occupancy to 2034 and full buildout into the late 2030s. State oversight remains decisive because Empire State Development approved the Cirrus-LCOR joint venture in October 2025 to complete the rail yard and Site 5 pa...