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September 9, 2005

Ratner set to Net MTA deal

NY Daily News
by Peter Donohue

There's not much in this article that hasn't already been printed in the last few days about the MTA accepting Ratner's NEW & IMPROVED lowball bid early next week, except for the citing of the Daily News's own "sources."

MTA officials are expected to approve as soon as Wednesday a deal to clear the lane for the Nets to play in Brooklyn, transit sources said yesterday.

Ratner since has upped his initial bid of $50 million to the $100 million range and has offered improvements on a few other fronts, sources said.

"It's a better deal," said one source.

article

Posted by lumi at September 9, 2005 6:57 AM