Kalikow Asked to Consider Other Bids for West Side Rail Yards

Thursday, September 14, 2006

The city offered $500 million to the MTA for the West Side rail yards. An appraisal valued the property at $1.45 billion. A state assemblyman has requested that MTA chairman Peter Kalikow to look at other bids.

REPORTER: Peter Kalikow came under fire from questioning by state legislator Richard Brodsky. The assemblyman wanted to know why the MTA would sell the 26-acre west side property at such a low price. Kalikow said the city was a sure bet. But Brodsky didn't buy it.

BRODSKY: We ought to find out what is out there. There are people who want to bid more money. The MTA should at least listen to them."

REPORTER: Kalikow acknowledged that at least one real estate developer expressed interest in the waterfront property. He said he would consider other offers.

More in:

News, weather, Radiolab, Brian Lehrer and more.
Get the best of WNYC in your inbox, every morning.

Leave a Comment

Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.


Latest Newscast




WNYC is supported by the Charles H. Revson Foundation: Because a great city needs an informed and engaged public


Supported by