From the Brooklyn Paper:

Borough President Markowitz, one of Bruce Ratner’s staunchest
allies, dropped a bombshell on Tuesday, saying that the $1-billion
basketball arena at the heart of Atlantic Yards is no longer
“economically feasible” and that Ratner and state officials need to
give the design “a second look” so that the structure can actually get
built.

Markowitz’s bombshell statement was first issued on Tuesday to
the New York Times, which has a business partnership with Ratner and
has not been critical of the developer’s stalled 16-skyscraper arena,
office and residential complex. It was later released to other media
outlets.

In the statement, Markowitz refers to a recent statement from Ratner
that the developer was looking for ways to cut costs in Frank Gehry’s
innovative design — a design that was once a main selling point of the
controversial project.