The New York Times ignored it. However, as DDDB reminds us, only a little more than a year ago, on 3/21/08, Forest City Ratner CEO Bruce Ratner "did say he was confident about starting construction on a $950 million basketball arena for the Nets by the end of the year."
That didn't happen. And now Yormark is promising construction this year. But there are a number of variables, and all predictions should be taken with a grain of salt. So the Times should be asking questions, rather than reprinting Bloomberg News stories based on Yormarkisms.