Ratner faces penalty at Atlantic Yards project

Bruce Ratner, developer of the Atlantic Yards project in Prospect Heights, faces a $500,000 penalty if he fails to make good on a job-training program as part of the $3.5 billion project. The program was part of a benefits agreement that Ratner signed with Brooklyn community groups. Critics of the Atlantic Yards project say the penalty is chump change to Ratner. more [NYDN]