| Re: 370 Jay Street - SOLD (1152741) | |||
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Re: 370 Jay Street - SOLD |
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Posted by BrooklynBus on Mon Apr 23 18:31:26 2012, in response to 370 Jay Street - SOLD, posted by Gold_12TH on Mon Apr 23 13:07:53 2012. I'm glad the building will finally be renovated and used. What I don't understand is how you can get $50 million for a building you don't own but only lease? Is the MTA selling the building or their lease? It's all very confusing.The other thing I would like to know if they are getting a fair price and the details of the renovation. Will NYU, a private institution pay for the renoivations themselves or will the City help out? |