Bruce Ratner

  • Blogs

    May 13, 2014

    Brooklyn Nets' Minority Owner Values Franchise at $1 Billion

    #154567702 / gettyimages.comIn 2003, real estate mogul Bruce Ratner bought the New Jersey Nets for $300 million. Over the next 11 years Ratner sold all but 20 percent of his stake to Russian billionaire Mikhail Prokhorov, the Nets moved into the brand new Barclays Center in Brooklyn and the NBA's ... More >>

  • Blogs

    October 24, 2012

    Holy Crap, the Islanders Are Moving to Brooklyn! (liveblog)

    As the Twitterverse is already aware, the New York Islanders are holding a press conference at Brooklyn's Barclays Center at 1 pm, with the word being that they're set to announce a move to the land of Marty Markowitz once their Nassau Coliseum lease expires in 2015. There are all sorts of questions ... More >>

  • Blogs

    August 3, 2012

    Brooklyn Soon To Be Home To World's Most Humongous Barclays Logo

    The indefatigable Norman Oder -- at least, we've never seen him defatigued -- reported yesterday on his Atlantic Yards Report that Brooklyn's new Nets arena is about to get a "honking big" Barclays logo on its roof. This is normal and expected for roofed sports facilities these days (check out the l ... More >>

  • Blogs

    April 26, 2012

    New Brooklyn Home for the Nets Will Provide Thousands of Local Jobs, Bloomberg Brags

    This morning, reporters wearing hard hats entered the massive construction site of the future home of the Nets in Brooklyn to hear Mayor Mike Bloomberg brag about the thousands of jobs the project will provide for neighborhood residents. But there seemed to be a bit of confusion in the question-an ... More >>

  • Blogs

    February 1, 2012

    The Islanders Are Coming! The Islanders Are Coming!

    ​Things have been mostly quiet on the New York Islanders arena front since their public vote for a new home in the 516 crashed and burned spectacularly last summer. That all changed yesterday afternoon, however, with the announcement that the team has scheduled an exhibition game against the D ... More >>

  • Blogs

    December 20, 2010

    Ratner's Green-Card Fundraising Scheme: Is This a Scandal, or What?

    ​The ever-epic Norman Oder of Atlantic Yards Report today closes out his epic series on Bruce Ratner's bizarre green-cards-for-financing scheme with a (wait for it) epic FAQ on exactly how the New Jersey Nets Brooklyn New Yorkers co-owner plans to take advantage of an obscure federal job-promo ... More >>

  • Theater

    November 24, 2010

    In the Footprint's Hoop Schemes

    The Civilians charge into the Atlantic Yards project

  • Blogs

    December 28, 2009

    Freddy's Bar, Threatened by Atlantic Yards, Executes Dummy with Beer Cans, Vows Resistance

    Mayor Bloomberg remains bullish, or should we say Nettish, on the Atlantic Yards project: "While the rest of the country wrings its hands about the national recession," he says, "we're building our way out of it." The patrons of Freddy's Bar, who last week showed resistance to their impending evic ... More >>

  • Blogs

    December 21, 2009

    Anticipating Atlantic Yards Eviction, Freddy's Bar Wraps Itself in Chains

    Photos by Lisanne McTernan. The locals at Freddy's Backroom -- a cozy Prospect Heights bar with a rabble-rousing clientele -- could be found getting sloshed at an especially early hour on Sunday. At high noon, and with the assistance of a group of mildly drunken onlookers, manager Donald O'Finn wa ... More >>

  • Blogs

    December 4, 2009

    As Atlantic Yards Gets Pricier, How Much Red Ink Can Ratner Absorb?

    ​Uberdeveloper-turned-Nets-owner Bruce Ratner better have some good meds, because this is rapidly shaping up to be a month of rapid mood swings for him and his Atlantic Yards project. While Tuesday's granting of a desperately needed investment-grade rating for the Nets arena bonds must have be ... More >>

  • Blogs

    November 26, 2009

    Did Atlantic Yards Ruling Pass the Buck on 'Blight'?

    Tuesday's Atlantic Yards decision, in which New York's highest court upheld the right of the state to seize private property on behalf of a mega-developer, will doubtlessly impact the lives of thousands of Brooklyn residents and be discussed for years to come. But the court backed off from a cen ... More >>

  • Blogs

    November 25, 2009

    Atlantic Yards "Cloud" Lifted, But Fog Remains: What About the Bonds?

    So is the long-heralded arrival of Atlantic Yards finally at hand, or what? According to the front page of today's Times (echoed on its sports page), the answer is yes: Following yesterday's appeals court ruling, which dismissed challenges to the state seizing private land for the Nets-arena-and-oth ... More >>

  • Blogs

    November 24, 2009

    Ratner Wins Atlantic Yards Eminent Domain Appeal (Updated)

    Bruce Ratner has dodged another bullet. The eminent domain challenge made by landholders in the footprint of Ratner's Atlantic Yard boondoggle has been tossed by the Court of Appeals. The business- and home-owners are being forced to accept hilariously low amounts of compensation to surrender thei ... More >>

  • Blogs

    November 19, 2009

    Yet Another Atlantic Yards Lawsuit!

    ​It seems Bruce Ratner's Atlantic Yards boondoggle was getting another lawsuit just yesterday (it was in October, actually -- an appeal by local landholders whose property is being seized to make the big Brooklyn hole that was supposed to be a sports arena/shopping complex by now even bigger) ... More >>

  • Blogs

    November 14, 2009

    Kelo outcome shows Atlantic Yards risk

    The outcome of New York's embattled eminent domain development projects is called into question by the economic development project which made them possible. The Pfizer research facility at the center of the Kelo v. New London Supreme Court decision is closing, taking over 1,400 jobs with it. The 5 ... More >>

  • Blogs

    October 23, 2009

    Meadowlands to Swap Nets to Newark for Concerts?

    ​Rumors of the Nets moving to Newark to join the Devils are as old as Jason Kidd's knees, but hoops-by-the-Ironbound may finally be a reality, as early as next season. After the Newark Star-Ledger reported yesterday that unnamed team sources were saying the Nets would consider a temporary relo ... More >>

  • Blogs

    October 13, 2009

    As Appeal Goes Forward, MTA Hit With New Atlantic Yards Suit

    Bruce Ratner and his Atlantic Yards project are really getting it in the neck this week. Tomorrow an appeal by landholders of the eminent domain seizure of their properties for the sports, shopping, office and residential mega-plan gets going in court. And now Develop Don't Destroy Brooklyn, state s ... More >>

  • Blogs

    September 10, 2009

    IBO Report: Atlantic Yards to Cost City Big, Rain Cash on Ratner

    ​This just hasn't been a good week for Bruce Ratner, the Nets owner who'd rather be the Nets' landlord. First, he unveils a new vision of his much-derided Atlantic Yards arena plan — now with more metal mesh! — and gets slammed by Times architecture critic Nicolai Ouroussoff for cr ... More >>

  • Blogs

    September 9, 2009

    3rd Atlantic Yards Design Emitted

    ​ Today developer Bruce Ratner unveiled a third design for his stalled Atlantic Yards project. (The first had been done by architecture superstar Frank Gehry; when it was scrapped for "value engineering" reasons, Ratner engaged Ellerbe Becket, who delivered a Pee-Wee's Playhouse set; SHoP Arc ... More >>

  • Blogs

    June 23, 2009

    Today Barclays-Atlantic Avenue, Tomorrow Disney-Times Square? MTA "Very Open" To Selling Subway Naming Rights

    That resounding "Ewwwww!" you heard emanating from Brooklyn was the sound of locals discovering that as part of Bruce Ratner's revamped deal with the MTA for the Atlantic Yards site, he's set to get naming rights to the Atlantic Avenue subway station. If it's approved by the MTA board tomorrow as ex ... More >>

  • Blogs

    June 22, 2009

    Ratner Avenue! Developer Gets MTA Atlantic Yards Windfall -- and Subway Station Naming Rights

    Just when you think Bruce Ratner and his cockamamie Atlantic Yards project are down for the count, they get back up again -- assisted by the city's moneyed interests. The MTA just cut Forest City Ratner an amazing deal. As expected, he'll pay $100 million for the Vanderbilt Railyards -- but he on ... More >>

  • Blogs

    May 30, 2009

    Atlantic Yards Combatants Finally Forced To Sit Through State Senate Hearing

    The footprint. Image via Atlantic Yards or Atlantic Lots. Yesterday was the long-awaited — like, six years long — first state legislative hearing on Bruce Ratner's Atlantic Yards project, with State Senator Bill Perkins convening his Corporations, Authorities, and Commissions Committee ... More >>

  • Blogs

    May 15, 2009

    Atlantic Yards Resists Court Challenge; More to Come

    Don't rule out Atlantic Yards builder Bruce Ratner yet: though recent events show time is not on his side, the courts certainly have been. Today the Observer reports that another court challenge by opponents went Ratner's way: a suit against the state, charging that it improperly used eminent domai ... More >>

  • Blogs

    February 13, 2009

    Stimulus for Atlantic Yards? New Depression Suggests Not

    New York state will get some kind of stimulus money, but as a final bill hasn't been written yet, sources vary on how much assistance we'll get. Newsday says "at least" $20.5 billion; the Times says "more than $21 billion." The Jamestown Post-Journal says "$12.6 Billion in Direct Budget Relief," rem ... More >>

  • Blogs

    November 21, 2008

    What Decrepit Brooklyn Nabe Gets (In Dreams) This Gleaming Waterfront Park?

    One of the bright sides of a collapsing economy is that developers -- who normally treat us peons like, well, peons -- are getting their asses kicked. Forest City Enterprises, the home office of Atlantic Yards villain Bruce Ratner, has lost 93 percent of its share value this year. Brooklynites are ... More >>

  • Blogs

    October 7, 2008

    Times: Luxury Boxes Selling OK. (Also Selling on Craigslist.)

    A friend was wondering about this: after the Wall Street collapse, would luxury suites at Neo-Yankee Stadium and Citi Field be going fire-sale? Stuff and nonsense, says today's New York Times: "Don’t expect a stampede for the bleachers just yet." A guy from "a weekly newsletter that chronicles t ... More >>

  • Blogs

    October 1, 2008
  • Blogs

    May 9, 2008

    Atlantic Yards Showdown Over the Slowdown

    Accusations are flying from all sides of the Atlantic Yards debate over the apparent slowdown in developing the Prospect Heights mega-project. In the four and a half years since the project was announced, delays, lawsuits and controversy have dogged the plan, and some are eying a potential endgame f ... More >>

  • Blogs

    April 4, 2008

    Formal Opposition: Protesters Dress Down Brooklyn Museum Over Bruce Ratner Honor

    Some cleverly dubbed it a “dung deal.” Others slyly suggested that “Ratner is a ‘con’ artist.” And still more dismissed it fundamentally as a “shame.” Chants creative and classic poured from the crowd of protesters assembled behind NYPD barricades on Thursday evening outside the Bro ... More >>

  • Blogs

    April 3, 2008
  • Blogs

    February 22, 2008

    Could the Bond Market Hurt Atlantic Yards Affordable Housing?

    Could the limited pool of affordable housing bonds jeopardize the 2,250 units of subsidized housing that developer Bruce Ratner pledged as part of his Atlantic Yards mixed-use stadium project? Norman Oder, of the Atlantic Yards Report, seems to think so. Ratner seeks $1.4 billion in such bonds, ... More >>

  • News

    January 22, 2008

    Who's Buried in Atlantic Yards?

    A resistance movement drowning its sorrows during a pub quiz in Red Hook

  • Blogs

    October 8, 2007

    Atlantic Yards Eminent Domain Fight Back in Court

    Photo by ThreeCee via Flickr A handful of Brooklyn property owners and longterm renters who are trying to stop developer Bruce Ratner from using eminent domain to take their property will have what could be their final shot in court on Tuesday. Beloved Dean Street watering hole, Freddy's Bar and B ... More >>

  • Blogs

    February 21, 2007

    All Quiet on the Western Yards

    It's Beginning to Look a Lot Like ... Basketball?: A pile of torn-up asphalt is all Bruce Ratner has to show so far for his Atlantic Yards groundbreaking. Approaching the proposed site of the Atlantic Yards complex in Brooklyn on the day after developer Bruce Ratner's much-ballyhooed announcement ... More >>

  • Blogs

    December 11, 2006

    Atlantic Yards Foes Hope for a Silver Christmas

    It isn't every day that a bunch of good-government groups hold a press conference to demand that an undemocratic, unelected state panel intervene to delay a public project. That was the scene today at City Hall, though, as several elected officials and budget-watch groups called on state assembl ... More >>

  • Blogs

    October 19, 2006

    Secrets of the Ratner Plan Revealed! (Not)

    Under pressure from Assemblymember Jim Brennan, the Committee on Open Government, and us, the state Empire State Development Corporation has finally released its economic impact study of Bruce Ratner's proposed Atlantic Yards project . . . kinda. What the ESDC actually made public yesterday was ... More >>

  • Blogs

    September 19, 2006

    Duck! It's Ratner Season in Brooklyn

    The first two installments of the public hearings on Bruce Ratner's Atlantic Yards project were less than hugely informative—the first, on August 23, quickly deteriorated into a yellfest, while the second, on primary night, was mostly attended by people disguised as empty seats. So yesterday's rub ... More >>

  • Blogs

    August 24, 2006

    Roaring Over Ratner

    If you showed up to last night's public hearing on Atlantic Yards looking for enlightment on the pros and cons of the mammoth, 22-acre, eight-million-square-foot, 60-stories-at-its-tallest development that Metrotech developer and New Jersey Nets owner Bruce Ratner has planned for the northern edge o ... More >>

  • NYC Life

    July 25, 2006

    Life in the Footprint

    Voices of the fading community in the shadow of the Atlantic Yards

  • Blogs

    July 18, 2006

    State: Ratner Plan Won't Raise Rents

    The State Economic Development Corporation surprised Brooklyn activists today by releasing—earlier than expected—its Draft Environmental Impact Statement on developer Bruce Ratner's Atlantic Yards plan. The DEIS is a key step in the state approval process because it forms a framework for p ... More >>

  • Blogs

    July 17, 2006

    Celebrity War Over Ratner in Brooklyn

    The Brooklyn celebrity war has been joined. Bruce Ratner, the would-be bringer of the Nets to Brooklyn and builder of Manhattan-style apartment towers on Atlantic Avenue, got the jump in 2003, when he hauled up Jay-Z to make an awkward speech the day Ratner unveiled his project. Yesterday, it wa ... More >>

  • Blogs

    June 16, 2006
  • Blogs

    February 21, 2006
  • Blogs

    January 18, 2006

    Nets Foes Shoot Suit

    The battle over developer Bruce Ratner's plan to build a Nets arena and a set of high-rise residences at Atlantic Yards could be headed to court. A coalition of groups opposing the Ratner plan has filed suit against Forest City Ratner and the Empire State Development Corporation, alleging that a pla ... More >>

  • News

    July 12, 2005

    The Battle of Brooklyn

    Grassroots groups split on whether arena plan scores for borough

  • NYC Life

    November 16, 2004

    'Fever' Pitch

    Karaoke for a cause in Brooklyn; bitch sessions about bottle service

  • News

    March 30, 2004

    Ratner Rules

    Brooklyn Nets Plan Spares Developer Shaya Boymelgreen's Project

  • News

    February 10, 2004

    Arena Watch

    Websites That Explain How the New Nets Stadium Might Affect You

  • News

    January 13, 2004

    Beyond the Pansy Patch

    In the future shadow of the Nets, a Brooklyn nabe remembers what's at stake

  • News

    November 4, 2003

    The Man Who Would Be Kings

    Wannabe 'Brooklyn Nets' Owner Ratner Already Is a Man for All Subsidies

  • More >>