« NETS MUST GO THROUGH HOOPS IN BROOKLYN | Main | Advancing Ridge Hill »
May 25, 2005
MTA Opens Atlantic Rail Yards Land To Public Bidding
NY1
The Metropolitan Transportation Authority will open the Atlantic Rail Yards in Brooklyn to competitive bidding.
New Jersey Nets owner and Developer Bruce Ratner has been looking to build a $2.5 billion sports and residential complex on the MTA-owned land, but now he'll have to buy the land in a process much like that faced by the New York Jets, who want to build a West Side stadium on the Hudson Rail Yards site in Manhattan, also owned by the MTA.
Posted by lumi at May 25, 2005 5:43 PM