Last resident on NYC site of NBA Nets arena project agrees to leave, sell condo for $3 million
By APWednesday, April 21, 2010
NYC foe of NBA Nets arena project agrees to leave
NEW YORK — The last holdout in a long-running dispute with the developer of an NBA arena in New York City has agreed to sell his home on the site for $2.4 million more than he paid for it a few years ago.
Daniel Goldstein and his family agreed in court Wednesday to leave their Brooklyn condo by May 7 in a settlement with developer Forest City Ratner Cos.
Goldstein says he bought the condo for $590,000 in 2003 and will receive $3 million for it. The sale figure was first reported in The New York Times.
Goldstein founded Develop Don’t Destroy Brooklyn, the Atlantic Yards development project’s most vocal critic.
Seven other families living in the 22-acre Atlantic Yards footprint on Tuesday agreed to leave.
Ratner plans an arena for the NBA’s Nets plus 16 residential and office towers.
