Officials have broken ground on a New York City development project including a $ 1 billion arena for the New Jersey Nets basketball team amid protesters of the project's opponents. Brooklyn Borough President Join Mayor Michael Bloomberg, Gov. David Paterson and Nets investor and cultural icon "Jay-Z". The basket arena is supposed to open in 2012.When the new ownership take over very soon. Then spent millions on free agents like "King James" or Wade. Then if Nets get lottery pick select John Wall. Get a good coach and trade Devin Harris for a power foward. Clean house for new house. Look out New York Knicks!