Many political groups could have input on Aqueduct

New York /
Jan.January 16, 2012 02:00 PM

New Jersey authorities, New York City officials and state boards could all become involved in the Aqueduct complex Governor Andrew Cuomo wants to build in Queens, the Albany Times-Union reported.

The proposed project, which would become North America’s largest convention center, will likely be opposed by leaders in the Garden State, the Times-Union speculated, as it will almost certainly cut into Atlantic City’s gambling revenue. In a letter to other legislators last week about the project, Cuomo suggested he could get the project approved without support from fellow legislators, the paper said. 

The New York state’s Franchise Oversight Board gets the final say on real estate development at the Aqueduct, and is responsible for ensuring competitive bidding for development rights. Gordon Medenica, member of the oversight board and director of the New York Lottery, said he expects several interested parties will have a role in the development eventually. The land in question is owned by the New York Racing Association and the Port Authority of New York & New Jersey. [Times-Union]


Related Articles

arrow_forward_ios
Governor Andrew Cuomo and Senator James Skoufis (Credit: Getty Images, NY Senate)
Owners of some residential properties can’t hide behind LLCs anymore
Owners of some residential properties can’t hide behind LLCs anymore
Governor Andrew Cuomo and 538 Johnson Avenue in Brooklyn (Credit: Google Maps and Getty Images)
Landlords take another hit: Cuomo signs expanded Loft Law
Landlords take another hit: Cuomo signs expanded Loft Law
Governor Andrew Cuomo (Credit: Getty Images)
Cuomo wants to exempt NYC from prevailing wage bill
Cuomo wants to exempt NYC from prevailing wage bill
Governor Kathy Hochul (Getty)
Hochul downsizes Cuomo’s Penn Station plan
Hochul downsizes Cuomo’s Penn Station plan
Will 10 new towers pay for Penn Station?
MTA chair: 10 new towers may not fund Penn Station expansion
MTA chair: 10 new towers may not fund Penn Station expansion
90 Sands Street
Hotel conversions race against the clock
Hotel conversions race against the clock
Hochul urged to resolve Mario Cuomo Bridge dispute
Hochul urged to resolve Mario Cuomo Bridge dispute
Hochul urged to resolve Mario Cuomo Bridge dispute
Cuomo's High Line project has survived him — but his other proposals remain uncertain
Cuomo’s High Line project survives him, boosting Brookfield
Cuomo’s High Line project survives him, boosting Brookfield
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...