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Ratner Still Needs to Raise Over $300 Million for Atlantic Yards

  ATLANTIC YARDS  
  BROOKLYN COMMUNITY DISTRICT 02     BROOKLYN COMMUNITY DISTRICT 06  
  BROOKLYN COMMUNITY DISTRICT 08  
December 30, 2009
New York Observer

Funding for Atlantic Yards is beginning to look more secure as developer Bruce Ratner secured tax free financing last week. Ratner, however, still needs to raise $324.8 million by December 17, 2010. If he fails to raise the capital, he may have to return the money raised from public bonds.