Word: mta
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Krieger speculates that the reason the MTA selected the Jets’ proposal had nothing to do with the quality of the team’s plan for the stadium...
Although the Jets’ bid was officially accepted by the MTA, Krieger says that if New York is not selected this July as the site for the 2012 Olympics, the MTA might reopen the bidding process...
...lawsuit filed in the New York State Supreme Court earlier this month, Cablevision charges that the MTA gave bidders insufficient time to develop alternatives to the Jets’ proposal...
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...
...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...