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April 13, 2008
Does Ratner Need More Subsidies Before Proceeding?
NetsDaily
Bruce Ratner’s cousin, Charles, is also CEO of Forest City Enterprises, which owns 21% of the Nets–three times Bruce’s holdings–and is corporate parent of Bruce’s Forest City Ratner. So he caused a storm of criticism last week when he suggested the need for more city and state subsidies for Atlantic Yards–and the Nets’ new arena–on top of the $300 million already approved. He’ll have help. Forest City has some of the city’s top lobbyists.
Posted by amy at April 13, 2008 9:35 AM