As expected, the MTA's board approved the payment installment plan for developer Forest City Ratner at Atlantic Yards, and the board also approved the sale of the naming rights to the Atlantic Ave.-Flatbush Ave. subway station to Ratner. Crain's on the megaproject's next step: "Forest City’s next major agenda item is selling bonds to finance the projects centerpiece: an arena that where the company’s basketball team, the Net’s will play. The company hopes to begin selling $490 million worth of bonds to finance the $772 million arena this fall." [Crain's; previously]
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