Ratner to get $307M to develop City Tech building

The City University of New York system will reportedly pay developer
Bruce Ratner $307 million to build an 11- to 14-story City Tech
classroom building in Downtown Brooklyn. City Tech’s Klitgord
Auditorium would be replaced by the new building. Along with the fee,
Ratner would gain control of a site at Jay and Tillary streets, where
he wants to build a tower for City Tech that would be Brooklyn’s
tallest building.