Bruce Ratner's cousin, Charles, is also CEO of Forest City Enterprises, which owns 21% of the Nets--three times Bruce's holdings--and is corporate parent of Bruce's Forest City Ratner. So he caused a storm of criticism last week when he suggested the need for more city and state subsidies for Atlantic Yards--and the Nets' new arena--on top of the $300 million already approved. He'll have help. Forest City has some of the city's top lobbyists.
Does Ratner Need More Subsidies Before Proceeding?
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