Gothamist
A non-profit newsroom, powered by WNYC.
Gothamist
Listen Live
News
West Side Rail Yards Deal Delayed, Thanks to MTA
By
Jen Chung
Published Nov 3, 2008
Modified Nov 3, 2008
Share
FacebookTwitterRedditEmail
Never miss a story
Email address
By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .
By
Jen Chung
Published Nov 3, 2008
Modified Nov 3, 2008
Share
FacebookTwitterRedditEmail
We rely on your support to make local news available to all
Make your contribution now and help Gothamist thrive in 2026. Donate today
Gothamist is funded by sponsors and member donations
Gotta love it: Yes, the MTA managed to salvage its West Side Rail Yards development plans by agreeing to a deal with developer Related and Goldman Sachs, after it tossed a deal with Tishman Speyer. But even though the agency and Related were planing on to sign a contract for the $15 billion project this week, that's been put on the back burner because the MTA has been, according to the Observer, "slower than expected in producing the needed paperwork." MTA CFO Gary Dellaverson added, "This is my fault—the fault of the M.T.A. This is not a product of either Related or Goldman or their lawyers." Dellaverson added he believed the deal would go through, bad economy and all, "Everything that I've seen, is they're continuing to operate in good faith and pursuant to a desire to consummate the transaction."
Tagged
goldman sachs
MTA
related
west side rail yards
Jen Chung
Jen Chung is a former WNYC and Gothamist editor.
Read more
Gothamist is funded by sponsors and member donations
Gothamist is funded by sponsors and member donations
MORE news
Deer are all over New Jersey roads looking for sex, state officials warn
Mid-October through mid-December is deer mating season, which can be a danger to drivers as the sex-seeking creatures cross roadways throughout the Garden State.
By
Rosemary Misdary
Published Oct 16, 2026 at 4:22 p.m. ET
Man messaged 'I got straight poison' before giving NYC college students fentanyl, feds say
A transcript from an April court hearing sheds new light on what transpired at Fashion Institute of Technology.
By
Samantha Max
News
Man messaged 'I got straight poison' before giving NYC college students fentanyl, feds say
A transcript from an April court hearing sheds new light on what transpired at Fashion Institute of Technology.
By
Samantha Max
Inside the plan to fix the nearly collapsed Pfizer Building, 1/64th of an inch at a time
By
David Brand
School bus carrying autistic students got lost in Brooklyn for 4 hours last year
By
Jessica Gould
NYC’s bridges can last 'forever,' if we take care of them
By
Clayton Guse
Never miss a story
Catch up on the most important headlines with a roundup of essential NYC stories, delivered to your inbox daily.
Sign upEmail address
By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .