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Forest City Optimistic About Barclays Center, But "Challenges Remain"

Forest City Enterprises, Bruce Ratner's parent company, is optimistic about Barclays Center financing but states "challenges remain" on the arena project. In its third quarter report, FCE anticipates a ground breaking before Jan. 31. As required by law, the company also lists risks. One previously unreported risk: it's trying to renegotiate a mortgage on its biggest Atlantic Yards property after missing a payment.