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by rocafan on 3/30/2004 09:28:00 AM

A Bit Of A Snag

Jay-Z's involvement with a group of investors that purchased the New Jersey Nets won him accolades as a business man, but some residents in the Prospect Heights section of Brooklyn are singing a different tune.

Yesterday (March 28) almost 400 people turned out to protest a planned 19,000 seat arena that developer Bruce Ratner, who led the purchase of the Nets, has on the drawing board.

In addition to the arena, Ratner's $2.5 billion dollar plan includes 17 skyscrapers over 24 acres.

Almost 500 residents and businesses stand to be displaced under the "eminent-domain" law, which is the right of a government to appropriate private property for public use.

Patti Hagan, spokesperson for the Prospect Heights Action Coalition, has organized protests. Hagan completed a door-to-door survey of the neighborhood to determine the population that would be effected.

Hagan pointed out that 870 people who lived in the area would be condemned and more than 500 businesses would be driven out.

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