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October 15, 2008

"Ratner's whole Atlantic Yards dream is about down the drain"

WFAN [Francesa on the Fan]

Thanks to an alert listener, who notified us about the segment, NoLandGrab has this exclusive from yesterday's Francesa on the Fan show.

WFAN sportstalk host Mike Francesa (joined by guest host Evan Roberts) paints a gloomy picture of the future of Bruce Ratner's Atlantic Yards, colored by the global financial crisis, ongoing law suits and a perceived reluctance on the part of government officials to devote even more public money to the project.

Francesa, who has generally supported the idea of moving the Nets to Brooklyn, may be slightly off in some of his facts and too quick to doom Atlantic Yards, but he very reasonably believes that the team's future will include an eventual sale by Ratner to investors who will move the Nets to Newark's Prudential Center arena.

Posted by eric at October 15, 2008 2:08 PM