Ratner Ability to Get Financing Rattles Critics

[pegs]

Critics have long pursued a two-track strategy in trying to halt the Barclays Center: challenge the use of eminent domain in court and hope that Bruce Ratner falls victim to the credit crunch. They have yet to win in court and now, it appears Ratner isn’t having a problem getting financing. He’s been able to borrow more than a $1 billion in recent months, all for projects near the Barclays Center — $167 million this week.

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Funding Set For Ratner’s First Brooklyn Apt. Building - - Brooklyn Eagle

Ratner’s first tenants - Gersh Kuntzman - Brooklyn Paper

New Glassy Tower to Join Fort Greene Mini-City - Dana Rubinstein - New York Observer

The reality behind FCR's 80 DeKalb deal (and the implication for AY) - Norman Oder - Atlantic Yards Report

Honestly, I just don't pay attention to these types of things.

 

[MisterMontross]

I'll assume The Rat made some serious promises in raising those funds.

 

[MisterMontross]

Thus far, my post hasn't been recognized on the Nets Threads part of the Forum