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New controversy for Ratner Bid

The Daily News reports that Bruce Ratner's company has given $5 million to a "grassroots" organization that supports the planned Nets arena and mini-city in Brooklyn. The News quotes a document filed by the group, BUILD, with the IRS. It states Forest City Ratner had provided "$5 M" to BUILD. The News also reports two BUILD employees sit on a neighborhood board that reviews local land use projects. BUILD and Ratner's spokesman deny the funding.