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September 9, 2009

At hearing on new MTA head, Kruger warns murkily of intransigence on AY; Perkins says AY deal lost MTA public confidence

Atlantic Yards Report

I questioned last week whether Jay Walder, nominated as chairman and CEO of the Metropolitan Transportation Authority (MTA), would be asked at state Senate hearings about the agency's controversial revision of the deal with Forest City Ratner for the Vanderbilt Yard.

Well, not quite, but AY certainly came up at the second and final hearing, held yesterday at the State Office Building in Harlem, and there was a murky hint that the Vanderbilt Yard deal might be stalled by some additional MTA effort at due diligence.

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Posted by lumi at September 9, 2009 6:23 AM