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April 22, 2005
State set to vote on Ridge Hill sale today
The Journal News
By Michael Gannon
State legislators yesterday continued intense negotiations to settle differences between city officials and Assembly Democrats that would allow an $8.7 million proposed sale of the state-owned Ridge Hill property to an entity created by a city agency.
The Public Authorities Control Board is scheduled to meet at 12:30 p.m. today to vote on the sale of the 81-acre property from the state to Ridge Hill Development Corp....
City and state officials characterized the vote, which must be unanimous, as crucial to the survival of the development deal. Assemblyman Richard Brodsky, D-Greenburgh, however, said the deadline was artificial, making it unclear yesterday whether the vote would be postponed again if there is no agreement.
Posted by lumi at April 22, 2005 7:44 AM