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Ratner's payoffs to Atlantic Yards residents

The NY Times writes today about how FCRC owns 90% of the land for the Atlantic Yards project and how they gave equitable offers to homeowners for their units in the Atlantic Arts building.

One couple who paid $419K for their unit was given $1.1MM. Some moved to Manhattan with their windfall while others traded up in more desirable parts of Brooklyn.


At April 11, 2006 7:05 AM, Anonymous Anonymous said...

that article was pure ratner propaganda


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