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January 5, 2008

Nets inaction may jeopardize '09 move to Brooklyn

Newsday
KEN BERGER

The team allowed a Dec. 31 deadline to pass without providing the 18 months' notice required to break its lease at the Meadowlands, possibly pushing their move to a new arena in Brooklyn into the 2010 calendar year.

The team has yet to break ground on the arena, which is part of owner Bruce Ratner's $4-billion Atlantic Yards development. Team spokesman Barry Baum said about 20 buildings have been demolished since March and work has begun on temporary rail yards to replace the Long Island Rail Road's existing Vanderbilt Yard.

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Posted by amy at January 5, 2008 9:47 AM