Search
 

GlobeSt.com UPDATE: Stadium Vote Prompts Mixed Response

NEW YORK CITY-While some are praising the MTA's unanimous selection of the New York Jets $720-million bid for the West Side Rail Yard rights, others are singing a different tune altogether.

By Barbara Jarvie | Updated on March 31, 2005

NEW YORK CITY-One of the city’s most volatile issues remains so as reaction pours in to yesterday’s West Side Rail Yard decision . As GlobeSt.com reported yesterday, the MTA selected the New York Jets’ $720-million bid for the Yards–and did so by unanimous vote. The approval pushes the football team one step forward to the New York Sports and Convention Center.

“The MTA paved the way for our future,” Jets president Jay Cross says. “New York City has affirmed its place as the capital of the world, when instead of turning back the clock, we turned the corner to build the greatest sports and convention center ever conceived.”

Others voicing support for the plan include Gov. George Pataki and Mayor Michael Bloomberg. “This widespread support shows the enthusiasm for this project not just here in New York City, but across the region,” Bloomberg says. “This proposal is the right plan for New York’s future because it provides the MTA with greater value and will help stimulate economic growth on the West Side.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.