clock menu more-arrow no yes mobile

Filed under:

Congressional Bill Targets Ratner Subsidies

Under a bill moving through Congress, Bruce Ratner would not be able to receive federal subsidies for his Atlantic Yards project, the mini-city anchored by a new Nets' arena. The bill comes in response to a Supreme Court ruling permitting cities and states to use their eminent domain powers on behalf of private developers. Its chances of passage are unknown.