Atlantic Yards Developer Delays $150M Train Yard

Law360, New York (June 7, 2012, 3:03 PM EDT) -- Forest City Ratner has reached a deal with the Metropolitan Transportation Authority to delay construction of a $150 million train yard at its $4.9 billion Atlantic Yards development in Brooklyn, N.Y., a setback on an important public aspect of the controversial project, an MTA spokesman said Thursday.

The developer had planned to begin construction on the train storage yard for the Long Island Rail Road at the end of this month and finish it by 2016, but the MTA recently agreed to push the date back...
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