In a tweet late Wednesday, Brett Yormark said Nets executive offices will move to Brooklyn "late next spring" and that he had "Just finished looking at office space in brooklyn for the nets". The team will likely wait until after the season --and playoffs-- before relocating. Barclays Center opens on September 28, 2012.
A spokesman said Yormark visited a site in Brooklyn Heights, adding he's looking at several but wouldn't speak to specifics. Bruce Ratner's buildings are likely high on Yormark's list. Across the street from Barclays is Atlantic Terminal Office Complex, a 10-story property. Ratner also controls MetroTech, a billion dollar complex a mile away, and One Pierrepont Plaza, his first office building, in Brooklyn Heights.
Originally, team offices were to be at Barclays Center but when the arena was downsized in 2009, office space was jettisoned. Billy King and Avery Johnson will have small offices in the Nets locker room area. Moving the Nets offices to Brooklyn will presumably mean moving Nets' $75 million payroll, too. One of the big selling points of the Brooklyn move was the tax benefits New York state and city would garner. Currently, the Nets offices are in East Rutherford, NJ.