In spite of claims by critics that Barclays Center is going to recieve a $55 million federal tax credit, Bruce Ratner's spokesman says neither the arena nor the overall Atlantic Yards development is eligible for the exemption and state and federal authorities say the money was never intended for either. Instead, the credit is going to Ratner's parent corporation.
- Forest City Enterprises could get $55M boost from feds - Erin Durkin - New York Daily News