N.Y.'s MTA Laments Budget Gap

Whalen, Robert
February 2005
Bond Buyer;2/25/2005, Vol. 351 Issue 32078, p1
Trade Publication
This article reports that Metropolitan Transportation Authority (MTA) chairman Peter Kalikow stated that he's concerned that the gap between the agency's proposed five year capital plan and the funding New York Governor George Pataki has proposed in his budget is a problem that's not getting the attention it deserves. The John D. Caemmerer West Side Yard, as it is formally named, is better known as the potential site for a stadium that would be home to the National Football League's Jets and possibly host to the 2012 Summer Olympics. While rights to develop the site had appeared to be locked up by the Jets and their development team, a pair of competing proposals has emerged in the past few weeks, prompting the MTA to hold a formal auction period.


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