MTA Changes Leasing Strategy for New Transit Hub

October 30, 2011
| Share | Print

After facing difficulties with retail tenants at its Grand Central Terminal transportation, dining, and shopping destination, where it directly leases space to tenants, the New York Metropolitan Transportation Authority (MTA) will change its strategy for its Fulton Street Transit Center in lower Manhattan. The MTA plans to lease all the space in the Fulton Street Transit Center—currently under development—to one company and let that firm manage it.

Full Article Access:

Full access to complete articles from Commercial Tenant's Lease Insider is for subscribers only.

Not yet ready to subscribe?