"Those who come from Brooklyn know just what I'm talking..." MC Lyte

Developer Bruce Ratner has reached a tentative agreement to buy the New Jersey Nets for $300 million. As you have probably heard already, he would like nothing more than to move the team---originaly from Long Island---to Brooklyn. The Nets' lease in New Jersey doesn't run out until 2008, and Ratner faces a myriad of obstacles in getting a state-of-the-art facility built in Brooklyn. Still, the news has a lot of New Yorkers excited. The proposed arena would be built near the Brooklyn Academy of Music, which is at the heart of the borough's recent gentrification, just a stones throw away from Fort Greene, and Park Slope. Mark McClusky links several good articles regarding the pro's and con's of the prospective site for Brooklynites. While I think the notion of Brooklyn having its own franchise again is romantic and fitting, the reality is too far off for me to get too amped up yet.