The New York Times reports that architect Frank Gehry will soon release his redesign of the first phase of Bruce Ratner's Atlantic Yards, including the Nets' new arena. The redesign has been awaited by Ratner's critics who criticize the scale of the $4 billion project. The Nets won't be alone. Developers are also about to release a design for a new Madison Square Garden at Penn Station. And a conservative writer claims New York is unlikely to ever recoup its investment in the Nets' arena.