NYRA Deal Passes NY Legislature

[whodey17]

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As I wrote in an unpublished piece a few days ago, it's the best real estate deal the state of New York has engaged in since Peter Minuit bought Manhattan.

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?