|Photo: MK Metz|
Forest City Ratner Cos., which owns the arena with Russian billionaire Mikhail Prokhorov, had projected the arena would make more than $76 million in its first year of operation. But Barclays earned only $19 million in the nine months ended in July.
While Forest City expects to cut expenses and boost income in the coming quarter, experts say boosting income will be tough.
More comment: Atlantic Yards Report
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