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March 9, 2007
Nets may stay in N.J. until 2010
Bergen Record sports writer John Brennan explains to NJ Nets fans why they get to keep their team for an additional lame-duck season:
The Nets won’t be moving to Brooklyn until 2010 -- a year later than the team has been vowing to leave Continental Arena -- two executives affiliated with Nets principal owner Bruce Ratner told a group of investment analysts this week.
But on Thursday, Forest City Enterprises Chief Executive Charles Ratner -- Bruce's brother -- said in a “clarification” that he didn’t mean it.
Forest City can say whatever they want — one look at the previous timeline says otherwise:
At this time a year ago, Nets officials were hoping to break ground on a temporary platform over a rail yard near downtown Brooklyn by October 2006 and break ground on the arena 10 months later, in August 2007. That might have allowed enough time for an opening in the fall of 2009-2010, but work on the Vanderbilt Yards site has been underway for only a few weeks, potentially pushing back any arena work until late this year or early in 2008.
Posted by lumi at March 9, 2007 7:38 AM