Tishman Speyer and the M.T.A. couldn’t reach a deal on the sale of the West Side railyards: “Gary Dellaverson, the authority’s chief financial officer, said the negotiations foundered Thursday afternoon after Tishman Speyer insisted on changing the terms of the $1 billion development, which both parties had agreed to on March 26.” The historical inability to sell this stretch of property makes this old mock Absolut ad (right) both relevant and frighteningly timeless. |NYT|
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