A newly formed state agency, the Brooklyn Arena Local Development Corp., will authorize the issuance of bonds for Barclays Center construction next Tuesday, the latest step in securing the nearly $700 million needed to build what could be billed "the world's most expensive arena". It's uncertain how soon after that the bonds will be marketed and sold. The Nets face a Dec. 31 deadline on financing.
- ESDC Subsidiary to Approve Arena Bonds - Norman Oder - Atlantic Yards Report
- Home and property owners say state's offers for Atlantic Yards property adds insult to injury - Erin Durkin - New York Daily News