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July 19, 2006

Ball bounces the Nets' way for new home

The Bergen Record
By John Brennan

New York has moved "one step closer to bringing a world-class professional sports team to Brooklyn," a top state official said Tuesday of the New Jersey Nets.

Charles Gargano, chairman of the Empire State Development Corp., made the statement in a news release after the agency's board approved the General Project Plan and Draft Environmental Impact Statement for the Atlantic Yards development.

The article repeats Bruce Ratner's timeline:

The Nets owners hope to receive final approvals from Gargano's agency and from the Public Authorities Control Board by late fall, which might allow them to break ground on the arena by late summer 2007. The Nets could begin play in their new home as soon as fall 2009. The rest of the first phase is scheduled for a 2010 opening, with a second phase to be completed by 2016.

That's barring any legal challenges by project opponents.

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Posted by lumi at July 19, 2006 8:34 PM