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November 21, 2009
Nets arena lawsuits are the new black
Field of Schemes
The Village Voice headline says it all: Yet Another Atlantic Yards Lawsuit! This one, filed by a group of local elected officials and community groups, charges that the Brooklyn Nets arena deal wasn't adequately evaluated by the state — which is different, mind you, from the lawsuit a similar group filed last month charging that the sale of state-owned rail yards wasn't adequately evaluated. Add in the pending eminent domain appeal and the other recent lawsuit against the state, and the number of suits in play against the project is now up to four. This can't be making the bond insurers happy.
Posted by steve at November 21, 2009 6:18 AM