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April 16, 2007
Ratner Arena Showroom in NY Times Building
Here's Develop Don't Destroy Brooklyn's commentary on the news from Crain's about Ratner's luxury suite showroom:
In today's subscription only Crain's New York Business we learn that Bruce Ratner is going to begin showing off his new plush interior even while the arena site is currently facing a federal eminent domain legal challenge.
Even cuter than this is this: Guess where developer Forest City Ratner's arena showroom will be? It will be in the new midtown headquarters of its development/business partner, the New York Times Company.
A showroom for Ratner in the Times? What else is new?
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By the way, the luxury suite revenue won't just pay for the lawsuits, the revenue would go towards the arena construction bonds. As would the $300-400 million naming rights awarded to Barclays Bank.
Posted by lumi at April 16, 2007 9:10 AM