Friday, 3 April 2020

Virus crisis prompts MTA, city to end 347 Madison Ave fight

The governor has said New Yorkers coping with the coronavirus crisis should look for a silver lining. Now, his transit agency and his favorite mayor have found one. The Metropolitan Transportation Authority has reached a deal with Mayor Bill de Blasio on how to share revenue on the redevelopment of the MTA’s former Madison Avenue headquarters by a private-sector player. It took years to come to terms. The MTA initially sought to capture the project’s



source https://therealdeal.com/2020/04/03/virus-crisis-prompts-mta-city-to-end-347-madison-ave-fight/

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