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August 28, 2009

RATNER MOVING WEST

NY Post, Page Six

No, not to Newark — yet anyway.

RatnerBloombergNews.jpg

TOUGH times for embattled Bruce Ratner? The Atlantic Yards developer has already replaced architect Frank Gehry and whittled down the cost of his $1 billion Nets arena by $200 million. Now he's sold his Montauk estate for $10 million to Chelsea art dealer David Zwirner, reports The Post's Jennifer Gould Keil. The 4,500-square-foot house on 7 acres on Old Montauk Highway was designed by classic East End architect Francis Fleetwood. Prudential Douglas Elliman broker John Golden had no comment. Ratner, we hear, has been looking in Quogue --for something less pricey, on the ocean and closer to the city.

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Develop Don't Destroy Brooklyn, Tough Times for Bruce Ratner

His money-losing Nets aren't moving to Brooklyn, and neither is Bruce Ratner. He's moving ot Quogue. Wherever he is, he must be busy peparing those renderings for Atlantic Yards which nobody has seen...what a way to spend the last week of summer!

Posted by eric at August 28, 2009 10:38 AM