Developer Doubles Bid for Air Rights for Brooklyn Project
Keywords: finance, government, legislation, costs, news articles, construction industry, markets, engineering news-record
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Publication Date: 19-SEP-05
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Article Description| The real estate division of New York City’s Metropolitan Transportation Authority Sept. 7 threw its support behind a $3.5-billion development project in Brooklyn when local developer Forest City Ratner doubled its bid to $100 million for the right to build over the MTA’s Atlantic Yards. Forest City plans to build a $555-million professional basketball arena over the 8.3-acre rail yard ... |
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