Getting the MTA and the Empire State Development Corporation to approve new terms for Atlantic Yards was the easy part, and now Forest City Ratner must sell $586 million in arena bonds by Dec. 31 or risk the project's total collapse. Charles Bagli reports that Ratner's banker brigade is confident it can be done, citing improved credit markets (really?), the arena's committed sponsorships and the total awesomeness of Brooklyn in general. Still, more people need to sign up for luxury suites. For the Nets. Hmm, maybe send Vince Carter door-to-door? [NYT; previously]
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