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January 19, 2007

Barclays Center is home of Nets

AP, via Asbury Park Press

The AP's article was pretty straightforward, by covering the announcement as a marketing deal, mentioning the opposition in the decription of the project and this interesting point:

The sponsorship agreement might exceed Ratner's cost of buying the team; he paid $300 million for the franchise in 2004.

The naming-rights deal was expected to help defray building costs on the 22-acre site, which will include a $4 billion mini-city atop what is now a rail yard and a mix of residential and industrial blocks. The development, dubbed Atlantic Yards, faces fierce opposition from some Brooklynites who say the collection of high-rises will overwhelm what is now a neighborhood of brownstones, brick townhouses and small shops and restaurants.

About a dozen picketers protested outside the museum on Thursday.

article

Posted by lumi at January 19, 2007 10:44 AM