July 23, 2005
Rival Bid Tops Ratner's Offer to Develop Brooklyn Site
The NY Times
by Charles Bagli
A rival bidder to Bruce Ratner, the developer, has made a $150 million cash offer for development rights at the Atlantic railyard in Downtown Brooklyn, three times the amount Mr. Ratner bid for the property, where he proposes a $3.5 billion tower complex that includes a basketball arena for the Nets, stores, parks and 6,000 apartments.
Posted by lumi at July 23, 2005 7:54 AM