MTA Board Approves Sale of Railyards to NY Jets Options

[NickG]

From the New York Times, 3/31/05:

The Metropolitan Transportation Authority's board today unanimously chose the Jets' $720 million bid for the rights to build a stadium over the authority's railyards on the West Side, but in a stunning show of opposition, three non-voting members spoke out against it and said they would vote to oppose it if they could.

The full story is here.

[NickG]

From the New York Times, 4/1/05:

Jets Win Stadium Battle by 2 Touchdowns (the Vote Is 14-0)

The board of the Metropolitan Transportation Authority voted unanimously yesterday to sell control of its West Side railyards to the Jets for about $210 million, after several members said the long-term gains from having a football stadium and convention center on the site outweighed a rival bid that offered nearly twice as much money up front.

The full story is here.

[NickG]

From the New York Times, 4/6/05:

Garden Sues M.T.A., Jets and City in Effort to Block Stadium

The owners of Madison Square Garden sued the Metropolitan Transportation Authority and the Jets yesterday, five days after the authority gave the Jets the right to build a stadium on the West Side railyards.

The full story is here.