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Atlantic Yards Prospects Bleak But Not Unique

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Crain's New York Business lists the usual problems with Bruce Ratner's Atlantic Yards --continuing litigation, a credit crunch and construction costs, plus a couple of others-- a big loan coming due soon and a deadline on tax-free bonds. Still, an analyst says Ratner's parent company has experience and expertise with big projects and every one has credit problems. Meanwhile, the Star Ledger calls for rethinking on Newark.