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Ratner Reportedly Closing In On Nets Sale To Russian Billionaire
Published September 18, 2009
|Prokhorov May Soon Buy
Majority Stake In Nets
ALL SYSTEMS GO: In N.Y., Rich Calder reports the Empire State Development Corp. Thursday gave final approval to a revised plan for the Atlantic Yards development, allowing Ratner to "secure private land needed" (N.Y. POST, 9/18). CRAIN'S N.Y. BUSINESS's Amanda Fung noted the approval, which had been "widely anticipated, is expected however to spark yet another round of lawsuits from groups that have opposed the project from the start" (CRAINSNEWYORK.com, 9/17).