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February 17, 2005
Builders Wary of Pursuing Site Sought by Jets for a Stadium
The NY Times:
A day after the Metropolitan Transportation Authority announced that it would allow anyone to bid on the development rights to the West Side railyards, which the Jets want for a stadium, real estate executives began wondering who would dare to take up the offer.
Developers have no incentive to bid under the current zoning regulations and are concerned with drawing the ire of Mayor Bloomberg.
Posted by lumi at February 17, 2005 8:25 PM