Development archive

Development

Wednesday, Dec. 16, 2009

Bonds away! Ratner’s tax-free bonds are snapped up fast

Atlantic Yards: Bruce Ratner scored roughly half the money he’ll need for his Atlantic Yards arena in a matter of hours yesterday, selling out $511 million in tax-free bonds that were snapped up by investors thanks to their high interest rate and investors’ faith in the project. Comments (4).

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