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Bloomberg Re-Asserts Support for Barclays Center

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In a radio address Sunday, Mayor Michael Bloomberg again asserted his support for Barclays Center and Atlantic Yards, calling the project "a major piece" of New York's future and praising the Court of Appeals ruling. The city is providing $105 million in aid to the project. Meanwhile, it appears the state is willing to authorize another $400 million in tax-exempt bonds for the arena infrastructure.