MTA won't give stimulus money to Ratner
February 18, 2009 02:00PM
Bruce Ratner wants stimulus funds for the Atlantic Yards project.
The Metropolitan Transportation Authority confirmed yesterday that the agency won't give developer Bruce Ratner any of the MTA's allocated federal stimulus funds. Ratner was reportedly lobbying for a portion of the stimulus money to go toward his $4 billion Atlantic Yards project. Ratner may still be able to get some of the federal stimulus money to be doled out by the governor. The state's $24.6 billion portion of the federal stimulus bill contains $3.9 billion for infrastructure and energy projects. The $787 billion federal stimulus package was signed into law yesterday.
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