Last month, the Empire State Development Corporation (ESDC) told me it would be a week or two after the December 23 master closing before the master closing documents were released.
Now, ESDC spokeswoman Elizabeth Mitchell tells me it will be a little while longer:
The Master Closing documents have been finalized and remain in escrow pending title acquisition or vacant possession. The "final" documents - in unexecuted form - should be made available to the public at our offices under supervision in the next few weeks.Maybe that's where we'll learn, in the Transit Improvement Agreement, how $8.1 million in contingency funds can be used to repair what may be some substantial--yet not fully assessed--damage to subway tunnels around the Atlantic Yards arena block.

No comments:
Post a Comment