N.Y. Lawmakers OK Javits Center Legislation

McDonald, Michael
December 2004
Bond Buyer;12/8/2004, Vol. 350 Issue 32025, p4
Trade Publication
The article focuses on the New York lawmakers who reached an agreement on legislation to permit the proposed $1.4 billion, publicly financed expansion of the Jacob Javits Convention Center in Manhattan, a project that is tied to the construction of a controversial football stadium for the New York Jets. Governor George Pataki's administration has been advocating for legislation for the project, which would be financed in part, through the sale of bonds backed by a new $1.50 hotel surcharge in, New York City. Earlier in 2004, the state Assembly passed a version of the legislation that put strict limits on the project so that the expansion could not be used to help move forward the proposed football stadium.


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