Bertha Lewis, President, The Black Institute, checked in with Ruth Morrison, CEO, What's The 411 Networks at the opening of the Barclay's Center. Ms. Lewis, excited about the opening of the Barclays Center, expressed her expectations for the ground-breaking of the housing portion of the Atlantic Yards project. Ms. Lewis' young companion was so excited to see Jay-Z, she was almost speechless. However, like many of the adults on the red carpet that night, Ms. Lewis has great admiration of Jay Z's business skills and his rags to riches story, which is emblematic of the American Dream.

What's The 411 TV on the red carpet on the occasion of rapper and entrepreneur Jay Z's inaugural concert at the opening of the Barclays Center in Brooklyn

Earvin "Magic" Johnson, CEO Magic Johnson Enterprises and former NBA Allstar, stepped on the red carpet to thunderous applause and shout-outs. Speaking to What's The 411 TV's correspondent, Crystal L. Henderson, Magic shared his good feelings about the opening of the Barclays Center. Magic stated that the Barclays Center is not only good for Brooklyn, it is good for New York City. Magic also compared the impending rivalry between the Brooklyn Nets and the NY Knicks to the Los Angeles Lakers and the L.A. Clippers.

The best line of the night came from Magic when Crystal asked him what's his favorite Jay-Z verse. Magic gave that great laugh and smile that he is famous for and said, "...no, no, hey, I love him; I think Jay Z's the best. I would do him a disservice by trying to rap; that's not what I do, I own things, that's what I do."

The celebrity-packed red carpet also included: Attorney Star Jones; Tyson Chandler (Center-NY Knicks); Joe Johnson (Guard- Brooklyn Nets); FOX 5 News Anchor Rosanna Scotto; Brooklyn Nets Jerry Stackhouse (Forward/Guard); Brooklyn Nets Head Coach Avery Johnson; NY Giants Wide Receiver Victor "Salsa" Cruz, Deron Williams (Guard- Brooklyn Nets); WABC-TV News Anchor Lori Stokes and John Calipari, Head Coach University of Kentucky Men's Basketball.

New York City community leaders in attendance were Bertha Lewis, President of The Black Institute and former CEO of ACORN; and Geoffrey Davis, Founder and President of the James E. Davis Stop The Violence Foundation.

All used enthusiastic accolades to describe Jay Z's business acumen.

Watch Video of Barclays Center Opening