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July 5, 2005
Nets expected to win Brooklyn railyard bid war
NY Newsday
by Joshua Robin
Bids are due on Wednesday for the MTA's Vanderbuilt ("Atlantic") Railyards. Ratner spokesperson Joe DePlasco would not comment on the Forest City Ratner bid (widely expected the only and winning bid) for the site where the MTA was publicly pressued into auctioning off the property due to the same public scrutiny of the now-dead Hudson Railyards-West Side Stadium project.
Newsday also reports that MTA spokesperson Tom Kelly stated that the appraiser hired by the MTA is "still assessing the site's value," and "that the Authority will release the results upon completion [of what?]. A date when the developer would be selected has not been announced."
Read the article and don't forget to vote in the poll on the right-hand side.
NoLandGrab, Been There Done That: Is the MTA really making up the rules as they go along, again? Check out Doug Hamilton's essay, "The Farce is With Us" on the "grave shortcomings of this process." This is a must read for opinion leaders and decision makers.
Posted by lumi at July 5, 2005 8:33 AM