News & Culture in Carroll Gardens, Cobble Hill, Boerum Hill and Points Nearby
December 15, 2017

Winter Weather Advisory

3:02 PM EST on December 15, 2017
10:00 PM EST on December 15, 2017

Special Statement

8:29 AM EST on December 15, 2017
9:00 PM EST on December 15, 2017
High 28° / Low 25°
Join Email Newsletter
join our mailing list
* indicates required
Delivered to your Inbox every Thursday
   |    Follow Us:
Be a Fan on FacebookFollow Us on TwitterSubscribe on YouTubeRSS Feed

In the Spotlight

DNA Info: Barclay’s Center in Tax Battle with City (Despite $700 M in Tax Credits)

By Lisa M. Collins

DNA Info has a really interesting, if not slightly confusing, story about how Bruce Ratner, owner/developer of the Barclay’s Center NBA arena has sued the city over its appraisal, saying the value of the center has been bloated by $600 million. This, even though the arena got about $700 million in tax credits and does not pay property taxes, but instead pays only the interest on the loans it took (bonds) to build…. interesting stuff.


Post Your Comment