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December 24, 2004

Hearing on MTA fare hike

New York Games:

ASSEMBLYMAN BRODSKY: Are you prepared to open the MTA’s processes to other proposals for that site, if nothing else is noted to test what the market place value it might bring?

MR. KALIKOW: The problem with opening up the process is –- I don’t know if you open up the process if that doesn’t make it –- the buyers may be hesitant to make a firm bid not knowing whether absolutely positive if they could get the property. [p. 39]

MR. KALIKOW: We also need to remember that somebody, who is bringing an NFL team to the region, or somebody who is bringing an NBA team to Brooklyn, I agree that as long as they full value, and long as full value was achieved, I think there is a benefit of having an NFL team or an NBA team over just having five more apartment houses or ten more office buildings. [p. 70]

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Posted by lumi at December 24, 2004 7:45 AM