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State Official Says It's Time to Move Ahead with Ratner Plan

Charles Gargano, head of the Empire State Development Corporation, says he supports an accelerated approval process to get Bruce Ratner's mini-city underway. ESDC approval is critical for Ratner's plan. The Nets' new arena would be the first phase of the $3.5 billion project which includes 17 high rises and 7,500 housing units. Meanwhile, the group that raised $50,000 in a walk-a-thon Sunday has told reporters it will use that money to sue city and state authorities in an attempt to slow the project.