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Bloomberg Proposes $107 Million Help for Arena Project

New York Mayor Michael Bloomberg's budget, announced Thursday, includes $107 million for city improvements around Bruce Ratner's planned Nets Arena and mini-city in Brooklyn. The mayor's commitment follows the state's decision to find another $100 million for state improvements near the project. Meanwhile, community leaders continue to spar over the arena, with some African-American leaders claiming Ratner is cynically using basketball to sell his billion dollar plans.