« Pols to MTA: Not so fast | Main | Gehry ushers in new brand of 'starchitects' »
July 30, 2005
Ratner gets 45 days to up ante
From the Brooklyn Papers:
As it once was, so it shall be again, the Metropolitan Transportation Authority board decided this week, when it cast aside the high bidder — who offered $150 million to develop the Long Island Rail Road storage yards at Atlantic Avenue — and instead voted to continue their exclusive negotiations with preferred developer Forest City Ratner.The MTA board voted 11-1 on Wednesday to approve a resolution calling for exclusive negotiations with developer Bruce Ratner’s company, with the hopes of upping its bid by the board’s Sept. 29 meeting.
Posted by amy at July 30, 2005 10:24 PM