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.
- The Latest from Ratner: 'Challenges Remain' for Arena, Nets Revenues Down - Eliot Brown - New York Observer
- Ratner’s tax-free bonds may go on sale within days - Stephen Brown - Brooklyn Paper