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Economy, uncertain financing delay plans for Brooklyn arena

Updated: October 14, 2008, 3:17 PM ET
Associated Press

NEW YORK -- Bruce Ratner's $4 billion dream for a new Brooklyn will have to wait, at least until next year.

The New Jersey Nets owner and developer has been plagued by a string of problems that have delayed his plans for a new NBA arena, office towers and thousands of apartments in Brooklyn.

Ratner said a recent court ruling would delay the project by up to six months, meaning the Nets won't move in until least 2011. Groundbreaking has been pushed back until at least next year for ...

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