MTA Chairman Tom Prendergast faces a huge challenge as the MTA needs a new round of capital funding starting in 2015. At the CityLaw Breakfast on November 21, 2014 Chairman Prendergast laid out a well-thought out five year plan designed to maintain the system, modernize it, make it more resilient and extend it geographically. The price tag: $32 billion. In the intensive competition for public money, elected leaders find funds in that range only when … <Read More>
MTA
Complete Video from CityLaw Breakfast with Thomas Prendergast
On Friday, November 21, 2014, the Center for New York City Law at New York Law School hosted a City Law Breakfast featuring Thomas Prendergast, Chairman and C.E.O. of the Metropolitan Transportation Authority, as the guest speaker. The special sponsors for this CityLaw Breakfast were Sam Schwartz Engineering DPC and Manatt, Phelps and Phillips, LLP.
Supplemental environmental review of Atlantic Yards ordered
Court found ESDC’s environmental analysis insufficient due to change in Atlantic Yards project, but refused to halt project. In 2006, the Empire State Development Corporation approved the general project plan for Forest City Ratner Companies’ Atlantic Yards project in Brooklyn. The $4 billion project includes a sports arena and sixteen high-rise buildings. Ratner agreed to purchase air rights from the Metropolitan Transportation Authority at the beginning of the project in order to facilitate the … <Read More>