AGC SmartBrief

Tell a Friend

Complete the form below to send this AGC SmartBrief story to a colleague

* Your name:

* Your E-mail:

* Your friend's E-mail: Separate multiple addresses with commas
To access your saved contact list(s), you must log in.

Personal Message: (2000 characters at max)

(2000 characters left)

Terms and conditions: You must submit valid e-mail addresses only. Use of e-mail addresses is subject to the terms of SmartBrief's privacy policy.

N.Y. transit agency OKs lower payment for Brooklyn Yards developer

The New York Metropolitan Transportation Authority has approved an amended deal with Forest City Ratner, developer of Brooklyn Yards, which will house a new arena for the New Jersey Nets basketball team. The transit agency agreed to an upfront payment of $20 million rather than $100 million and gave the developer 20 years to complete the project that will include 16 buildings. Work on the arena is to begin this year. Forbes/Reuters (06/24)