MTA accused of rigging retail bid process at Grand Central

The owner of Grande Harvest Wines has taken the agency to court

New York /
Jan.January 25, 2015 10:00 AM

A Grand Central Terminal retail tenant is taking the MTA to court, alleging that the agency has “rigged” the bidding process for the space.

Bruce Nevins has run Grande Harvest Wines in a 960-square-foot space in Grand Central’s Graybar Pass for 16 years. But now the MTA wants to give him the boot, according to the New York Post.“I wouldn’t have done this if I knew we could potentially lose it all,” said Nevins, referring to his decision to take a lease at Grand Central Terminal.

Nevins claims in court documents that his lease was awarded to a different bidder “in secret,” and without a public hearing.

At the end of his lease, Nevins put in a competitive bid, including a 30 percent rent increase. It was the only bid the MTA received. But hoping for more competition, the agency decided to reopen the bidding process two more times.

The authority eventually received a $4.5 million bid from 120 Nassau Corp Inc., which won out over Grande Harvest’s $3.3 million proposal.

The MTA says it simply went with the highest bidder. [NYP]Christopher Cameron


Related Articles

arrow_forward_ios
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
 Fredrik Eklund and the property (Getty, Steve Frankel)
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Gordon Ramsey and his Lucky Cat restaurant (Lucky Cat)
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Pennsylvania town offers big incentive for people to fix homes
Pennsylvania town offers big incentive for people to fix homes
Pennsylvania town offers big incentive for people to fix homes
Credit Suisse Group partners with MARK on $1B-plus rental housing fund
Credit Suisse Group partners with MARK on $1B-plus rental housing fund
Credit Suisse Group partners with MARK on $1B-plus rental housing fund
London fire officials say over 1K buildings unsafe in a fire
London fire officials say over 1K buildings unsafe in a fire
London fire officials say over 1K buildings unsafe in a fire
The Centre at Purchase at 1, 2, 3, 4 Manhattanville Road with George Comfort & Sons CEO Peter Duncan (George Comfort & Sons)
Westchester office park owned by George Comfort & Sons slated for auction
Westchester office park owned by George Comfort & Sons slated for auction
Wells Fargo hit with $400M suit for breach of contract linked to robo-signing scandal
Wells Fargo hit with $400M suit for breach of contract linked to robo-signing scandal
Wells Fargo hit with $400M suit for breach of contract linked to robo-signing scandal
arrow_forward_ios

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

Loading...