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Final ESDC Hearing on Barclays Center Skedded for July 29-30

New, comments

New York's Empire State Development Corp. has scheduled hearings July 29-30 on Bruce Ratner's revised plans for the Barclays Center and Atlantic Yards project. It's anticipated that the ESDC will move soon after to approve the project. Ratner needs the approval--and a favorable ruling from the Court of Appeals--before he can market a half billion dollars in arena bonds. It's all helping Ratner's stock price.