Atlantic Yards development faces several hurdles

08/10/2009 | New York Times (tiered subscription model), The

The Atlantic Yards project in Brooklyn still has several hurdles to clear before construction can begin. Opponents will challenge the state's use of eminent domain at a hearing set for Oct. 14. Developer Bruce Ratner must also secure financing and start construction by the end of the year to qualify for tax-exempt bond status. The first part of the project will include an arena and four residential towers.

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