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Ratner, MTA in "Intense Negotiations" over Yards

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In an effort to expedite construction of the Nets' new arena, the MTA appears willing to give Bruce Ratner a break on the price of the railyards at the center of his Atlantic Yards project. Ratner originally agreed to pay $100 million for the rail yards, but now wants to cut that number in half, and pay in installments. The MTA is on board and in "intense negotiations" with Ratner to get it approved this month.