Saturday, March 06, 2010

After testifying in favor of Atlantic Yards, Sid's Hardware (allegedly) thrown under the bus by Forest City Ratner

Last week I wrote about how Sid's Hardware was leaving Metrotech after testifying before the Metropolitan Transportation Authority on behalf of Forest City Ratner's renegotiated deal for the Vanderbilt Yard.

Now we learn that Sid's has filed for bankruptcy after FCR (according to Sid's) reneged on an agreement for the retailer to get out of its lease.

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