3.08.2009

Welcome to Brooklyn

APPELLATE DIVISION RULES IN FAVOR OF ATLANTIC YARDS

Unanimous Environmental Decision Upholds Blight Findings and Concludes the State
Met Its Environmental Review Obligations

Brooklyn, NY – February 26, 2009 – Bruce Ratner, CEO and Chairman of Forest City
Ratner Companies, issued the following statement today regarding the Appellate
Division, First Department, ruling on the public approvals for the Atlantic Yards project.

“Once again the courts have decided in favor of Atlantic Yards,” Mr. Ratner said. “This
project has been reviewed as thoroughly as any in the City and now it is time to put these
cases behind us and get to work. Today’s decision speaks comprehensively about the
review and approval steps followed for this project and unanimously validates the
process.”

The ruling today, which was unanimous, and upholds a State Supreme Court ruling on
January 11, 2008, includes six major points related to the review process: ...read the rest here




(( Sounds like the Nets are really going to Brooklyn ))