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July 11, 2011
The Day: Barclays Center Progress
The Local [Fort Greene/Clinton Hill]
by Susan A. Rohwer
NY1 recently took a tour of the Barclays Center and the project’s residential tower with developer Bruce Ratner who talked about the construction progress. According to the piece, Mr. Ratner says things are on schedule for an opening next summer. Brownstowner also weighed in, citing a story by The Times from March that reported that the developer must start excavation on the tower by May 2013 “or pay up to $5 million in penalties for every year it falls behind.” There was no update on whether or not the tower will be prefabricated, as The Times reported in the March article.
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