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Nets' Half-Billion Dollar Arena Will Be Nation's Most Expensive

The latest estimates for the Nets' Brooklyn arena now exceed $550 million, making it the nation's most expensive ever, according to a new report by the city's Independent Budget Office. The office estimated the value of the arena to the city economy. Meanwhile, Nets' owner Bruce Ratner has increased his bid for the Brooklyn Atlantic Yards to $100 million and added other sweeteners.