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Originally Posted by Kasept
Would you not agree that it's a small price for the three pieces of real estate in Queens, Nassau County and Saratoga that NYRA turned over to the state yesterday?
As I wrote in an unpublished piece a few days ago, it's the best real estate deal the state of New York has engaged in since Peter Minuit bought Manhattan.
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I agree that $120 million is a small price to pay for the three pieces of land. However, how does that help Joe taxpayer whose money was forgiven by the gov't?