News Summary

• The long-stalled plan to build a platform and new apartment buildings above the train tracks at Brooklyn’s Atlantic Yards may soon get a major cash infusion.
• A new development team made up of the firms Cirrus Real Estate Partners and LCOR has asked for $350 million in state aid.
• The plea for public funds comes less than a year after developers behind the project skirted millions in monthly fines for failing to deliver hundreds of affordable apartments on time.
• State economic development officials say public money is necessary to finally construct the platform over the MTA-owned railyard.