Wednesday, April 25, 2007

New York City might get new midtown bus terminal

(Reuters) - The Port Authority of New York and New Jersey, which runs and owns the nation's busiest bus terminal, is considering several proposals, including selling the north wing's air rights to developers who would build a skyscraper on top.

The bistate agency's board could decide at Wednesday's meeting to enter exclusive negotiations with Vornado Realty Trust and Lawrence Ruben Co., according to its agenda.


Read more at Reuters.com Bonds News

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