We’ll Keep Those Fond Memories Of Miss Brooklyn In A Special Place Close To Our Hearts . . . Right Alongside The Scars From The Eminent Domain Abuse And The Heartburn That Followed Once You Finally Realized That Your Children Actually Might Grow Up Rooting For The Nets

In an SEC filing, Atlantic Yards developers admit that the big project that will reshape downtown Brooklyn may never pan out, meaning that all the project would amount to would be one lousy arena — no low-income housing, no Miss Brooklyn tower and little economic benefit, because sports arenas don’t easily recoup a $300 million public investment:

Documents filed last week with the Securities and Exchange Commission by developer Bruce Ratner and his Forest City Enterprises warn that the non-arena portions of the plan could experience “further delays” leading to most or all of the rest of the 22-acre, $4.9 million project being scrapped.

Location Scout: Atlantic Yards.