Village Voice
“City taxpayers will foot the difference,” reports Paul Moses. He notes: “The outlines of the deal were reported in the Times as it developed last year, but a city official’s affidavit in a lawsuit and documents disclosed in recent weeks show there are what even the city itself calls ‘huge’ additional costs to taxpayers that officials had not revealed — about $79 million.” A Times spokeswoman calls the property deal “a fair one for both sides.” (Village Voice)
Uncategorized
Report: NYT to get new HQ property at tens of millions below market value
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