City Tech tower plans killed

Developer Bruce Ratner has reportedly drops plans for the Renzo
Piano-designed City Tech tower in Downtown Brooklyn. The residential
tower with a dorm and lab could have reached 1,000
feet, making it Brooklyn’s tallest building. A top CUNY
official said both sides had mutually agreed to kill the costly
project. In December, CUNY raised Ratner’s fee to $307 million. Piano
also pulled out, the Daily News
reported. Councilman David Yassky said Ratner, who is building the
Atlantic Yards mega-project, might have been stretched too thin by the
credit crunch. Yassky also said the tower was “an awkward fit” for the
corner of Tillary and Jay streets. CUNY still plans to build its dorm
and lab in a building that could be only 10 stories.