Developer Bruce Ratner, he of a little project in Brooklyn called Atlantic Yards that you may have caught wind of, reportedly has come to terms with its lender that will allow Ratner to delay the repayment of a $177 million loan that was coming due this month for two years. Next obstacle for the megaproject that won't die: that pesky lawsuit challenging the use of imminent domain at the project, which will be heard starting February 23. [CityRoom]
Filed under:
Loading comments...