Pataki OKs Javits Bill; N.Y. Agency Eyes First Quarter for $350 Million Sale

McDonald, Michael
December 2004
Bond Buyer;12/9/2004, Vol. 350 Issue 32026, p4
Trade Publication
The article reports that New York's Convention Center Development Corp. could be in the market as early as the first quarter of next year with a sale of bonds to raise $350 million of new money to help fund the $1.4 billion expansion of the Jacob Javits Convention Center. Governor George Pataki yesterday signed legislation authorizing the publicly financed Javits expansion on Manhattan's far West Side to proceed. The state Senate passed the legislation on Monday and the Assembly passed the original version of it in July. The board of the Empire State Development Corp., which controls the new Convention Center Development Corp., in April selected Merrill Lynch & Co., Morgan Stanley, and UBS Financial Services Inc. as senior bankers for Javits bonding and Hawkins Delafield & Wood as bond counsel.


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