The shaky state of affairs for a proposed pro basketball arena in Brooklyn is turning heads across the Hudson.
Despite developer and New Jersey Nets owner Bruce Ratner’s plans to move the Garden State’s only N.B.A. team to New York City as part of his Atlantic Yards mega-development project, New Jersey electeds have generally refrained from publicly disparaging the plans, at least in the past couple years. But now, with the more than $4 billion project on death watch due to the economy and a lengthy legal battle, there seems to be a change in tune.
Today, U.S. Rep. Bill Pascrell publicly released a letter he wrote to Treasury Secretary Tim Geithner, requesting that the Obama administration act to block Barclays from leasing naming rights for the arena—a move that, if realized, would be a major blow to the project.
