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Ratner's New President Worries About Credit Market Effect on Yards

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Joanne Minieri, the new president of Forest City Ratner, admits being worried about the effects of high interest rates on the Nets' new home, Brooklyn's Atlantic Yards. In an interview with the Wall Street Journal, Minieri says financing the $4 billion project "can keep me up at night" adding that "value creation" can be hurt "when you have to pay more for financing". Still, "We are proceeding according to plan", says Minieri.