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Isle of Wait

Posted by: Chris Steins

21 October 2005 - 5:00am

Manhattan's West Side stadium is dead, Ground Zero is in shambles. It must be time to take on Governors Island.

After a few false starts, a clearer picture is beginning to emerge of what a developed Governors Island might one day look like...

...GIPEC laid out numerous possibilities for a full buildout, giving each a generic label, a few of which seemed to take their cues simultaneously from reality television and management-speak. The first of these was 'Destination Island,' built around large-scale indoor and outdoor entertainment uses, Berridge said.

Possible models are the Eden Project, in Cornwall, U.K.; Ontario Place, in Toronto: Futuroscope in central France; and Cirque de Soleil, in Orlando and Santa Monica."

Full Story: Isle of Wait
Source: The Slatin Report, October 21, 2005
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“
The decision to abandon a property is a symptom of the loss of confidence. And while abandonment certainly affects confidence among surrounding homeowners, the most important question to answer is not "how do we deal with abandoned properties?" but "what is the most cost-effective way to restore market confidence, and how do abandoned properties fit into that picture?"
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