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.
- Nets partial owner vows to bounce back - John Brennan - The Record
- At conference call, Forest City executives say "we are prepared to move forward" on Atlantic Yards arena - Norman Oder - Atlantic Yards Report
- Delayed Arena Development Is Costing Nets - Richard Sandomir - New York Times
- Ratner buys first AY property in two years - Gabby Warshawer - The Real Deal
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