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January 30, 2007
CITY DOUBLE-COVER$ B'KLYN ARENA
NY Post
BY Rich Calder
The Bloomberg administration is now kicking in $205 million toward Bruce Ratner's Atlantic Yards project in Brooklyn - more than double the amount anticipated.
The mayor's preliminary 2008 budget revealed that the city's subsidy for the $4 billion project - which includes an NBA arena and 16 skyscrapers filled with residential and commercial space - has quietly risen from $100 million to $205 million.
Posted by lumi at January 30, 2007 7:02 AM