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

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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.