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Ratner & Co. Optimistic about Financing, Buys More Arena Property

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Even if the Nets win their eminent domain case, the bigger issue has always been obtaining financing for the Brooklyn arena. Joanne Minieri, the Forest City Ratner executive in charge of the project, told investors Wednesday, "We believe that, with respect to the arena, there is an opportunity in today’s market to finance it." Meanwhile, Bruce Ratner has begun buying property again for the project.