Streams

Atlantic Avenue Station in Brooklyn Renamed "Atlantic Avenue - Barclays Center" as New Arena Nears Completion

Thursday, May 17, 2012 - 01:17 PM

Atlantic Avenue gets some new signs (photo taken on 5/17/12 by Kamicia Bass/WNYC)

Opening season for the Brooklyn Nets is four months away, but signs are already going up in the Atlantic Avenue station to reflect its new name: Atlantic Avenue-Barclays Center.

The MTA has also updated the subway map on its  website to reflect the change. An MTA spokesman said the new name will appear on printed maps this summer.

Forest City Ratner, the developer of the site the stadium sits on in downtown Brooklyn, is paying the MTA $200,000 for 20 years for the naming rights to the station.

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Comments [1]

Gib Veconi

$200,000 a year sounds like a lot, but it's not much of a consolation for FCR in 2009 having renegotiated the purchase of development rights over the Vanderbilt Yards from the MTA. The old deal, $100 million up front, was cut to $20 million up front and the rest as a 25-year option. Seems like the MTA could really have used the extra $80 million about now.

May. 18 2012 02:22 PM

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