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February 2, 2005
MTA & Jets set to go to arbitration over railyards. Ferrer calls for open bidding process.
Neil DeMause's Feild of Schemes: Jets appraisal follies.
A comprehensive wrap-up of the latest in the MTA-Jets Railyard Scandal
"...the Jets want to deduct the cost of the platform that would support the stadium over the West Side rail yards. Given that the city, not the Jets, would be paying for the platform, this seems an especially crack-addled argument, and clearly would amount to another huge subsidy if the team gets its way."
Also:
NY Daily News: MTA, team split on price of site
Crain's NY Business: Jets, MTA jointly agree to arbitration on price of stadium site
"The New York Jets and the Metropolitan Transportation Authority agreed Tuesday to have former U.S. Sen. George Mitchell arbitrate their dispute over the value of the development rights...."
The NY Times: Ferrer and Others Seek Auction of Proposed Site for Stadium
"Several community groups and at least one mayoral candidate said yesterday that the Metropolitan Transportation Authority should get competing bids for the development rights to its West Side railyard...."
Posted by lumi at February 2, 2005 8:36 AM