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February 8, 2008

It’s true! Ratner a big liar!

The Brooklyn Paper
By Dana Rubenstein

As first reported in Atlantic Yards Report:

It’s official, direct from Forest City Ratner Companies: the Atlantic Yards developer is a liar.

Forest City Ratner now admits that its claim of a tax revenue windfall — a justification for the government’s support of the $4 billion project — was actually concocted by Ratner’s paid consultant, and was not based on an analysis by state officials as the developer repeatedly claimed.

“The $4.4 billion figure is in the report of a consultant who had been retained by [Forest City Ratner Companies] and does not appear in the state’s [Final Environmental Review Statement,]” said Ratner attorney Jeffrey Braun in a legal document that surfaced this week.

Braun himself previously stated in court that the $4.4 billion number came from the state.


Brooklyn to Bruce: We dare you to tell the truth about something, anything — we double-dare you!

Posted by lumi at February 8, 2008 6:22 AM