"Ten days ago Bruce Ratner announced he bought the Nets for $300 million
with the idea of rehousing them in a massive complex in downtown
Brooklyn. The development would include an 18,000-seat stadium, 2.1
million square feet of office space and 4.4 million square feet of
residential space—all designed by architect Frank Gehry. The project
will cost an estimated $2.5 billion and span 21 acres…"
"The protesters may be on the losing side of history. Eminent domain,
the right of a government to take private property for public use upon
payment, is routinely invoked for private enterprise, especially sports
stadiums." READ MORE.