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April 28, 2009
It came from the Blogosphere...
Brownstoner, Brooklyn Paper and Courier Begin Sharing Content
It's light fare, but an article about a stolen bench appearing on the Brooklyn Paper website Friday was notable for the fact that it was attributed to Thomas Tracy of the Community Newspaper Group, the publisher of the Courier-Life chain of newspaper; as of last month, the two papers share a corporate parent named Rupert Murdoch. The cross-publication was noticed by the ever-vigilant Norman Oder of the Atlantic Yards Report. Like many observers, Oder is wondering whether the fact that The Paper is now owned by News Corp will mean its critical coverage of Bruce Ratner and the Atlantic Yards project will lose some or all of its edge to fall in line with the pro-development stance of its sister publication and the generally pro-business tack of Murdoch's empire.
The Score, Pacers pain not isolated incident
Smaller-market NBA teams aren't the only ones hurting these days.
The New Jersey Nets are showing an 8 percent revenue decline in the 12-month period that ended Jan. 31. The Nets’ financial results are detailed in the recently released financial disclosures of Forest City Enterprises, a publicly traded Cleveland-based real estate company which owns 23 percent of the team.
While the Nets’ revenue was down to $92.4 million during the most recent fiscal year, its losses were up, to $27.8 million. That compares to a $22.6 million loss during the previous fiscal year. The losses have escalated dramatically since 2006, when the team lost $9.5 million.
Nets Daily, State Official: We’re Driving Arena “Aggressively”
Driving the arena aggressively? Says one commenter, "someone better remind them to disengage the parking break."
DenverPost.com, Stapleton top-selling community
Developed by Forest City Enterprises, the Stapleton neighborhood has 24 parks and 25 miles of walking and biking paths designed to connect residential neighborhoods to restaurants, shops, parks and schools.
NoLandGrab: One major criticism of Forest City's Atlantic Yards project is the way it would divide the neighborhoods of Fort Greene and Prospect Heights.
Posted by eric at April 28, 2009 12:09 PM