For Immediate Release | Contact: Reid Cherlin | |||
June 28, 2006 | 202-225-5635 | |||
Nadler Congratulates City, Council on Completion of Axis Lease Agreement for |
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The agreed-upon term of the lease is 15 years, with an option to renew for five years at the sole discretion of the City, provided that a container port is not operating, or being constructed, at the site. In 1999, the City released the Strategic Plan for the Redevelopment of the “I’m incredibly pleased that all of the parties involved could come to a good agreement,” Congressman Nadler said. “The City and the Council have acted in the best interest of New Yorkers by cultivating this important interim investment by Axis, while at the same time ensuring that the lease doesn’t imperil the long-term plan for a working port in “We are always happy when we can bring jobs into the community,” said Councilmember Sara Gonzalez, who represents “The Axis plan is a positive one that will create new economic development in “Councilmember Gonzalez has been a longtime champion of our waterfront and our ports, dating back to her chairmanship of Brooklyn Community Board 7,” Nadler said. “In working with Axis to ensure their commitment for good, local jobs and working to preserve the option of creating a container port, she demonstrated once again her commitment to local economic development for the City.” “Speaker Quinn showed a remarkable ability to balance the needs of individual districts with the needs of the City as a whole,” Nadler said. “I commend her efforts, her judgment and her leadership.” “Considerable praise is due also for Subcommittee Chairwoman Jessica Lappin and Land Use Chairwoman Melinda Katz, for their wisdom in steering this process,” Nadler said. “The Subcommittee carefully reviewed this deal to the maximum benefit for the City and the region.” ### |
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