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April 5, 2009

Nets arena plans keep getting vaguer

Field of Schemes

Neil deMause, no slouch himself, gives props to Atlantic Yards Report.

Norman Oder of Atlantic Yards Report, the only blogger we know who goes to the trouble of digging through 10-K forms, reports that New Jersey Nets owner Bruce Ratner's Forest City Enterprises changed its description of its planned Brooklyn arena project from "an 850,000 square foot sports and entertainment arena" to "a state of the art sports and entertainment arena." That would certainly jibe with previous reports that Ratner was desperately trying to "value engineer" the project to keep it alive; original architect Frank Gehry has already said of the arena, "I don't think it's going to happen," though he could easily have meant his design, not any arena at that site.

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Posted by eric at April 5, 2009 9:59 PM