A press release from Develop Don’t Destroy Brooklyn:

The Metropolitan Transportation Authority released the  two bids on Atlantic yards late Friday afternoon.  Extell Development  Company has bid $150 million in cash for the MTA’s Vanderbilt Yards  (aka Atlantic Yards), while Forest City Ratner Companies (FCRC) has bid  $50 million for the same 8.4-acre property. Extell has bid $56 per  square foot, while Ratner has bid $15 per square foot. The MTA, also on Friday, appraised the Vanderbilt Yards at $214.5 million.