Word: biddinger
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In that event, Krieger says, “I suspect a much longer bidding process will emerge. There will be another request for proposals. The Jets might submit again. I’m sure Cablevision will submit.”
Lynn says that the lawsuit would also address the fact that the rules for the bidding process were wrought with inconsistencies.
Even prior to the MTA’s request for proposals, Cablevision suspected foul play, according to Lynn. The MTA officials were negotiating exclusively with the Jets, without holding an open bidding process, Krieger says.
At that time, the Jets had only offered the city $150 million for the space. To make itself a contender and force a bidding process, Cablevision offered the MTA $650 million for the contract.
Cablevision’s bid forced the MTA to open the bidding process, Krieger said.