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Re: Development plans for Sheepshead Bay station plaza

Posted by trainsarefun on Tue May 26 11:01:54 2009, in response to Re: Development plans for Sheepshead Bay station plaza, posted by brightonr68 on Tue May 26 00:41:01 2009.

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Financing with debt instruments that has certain favorable tax consequences would enable Forest City Ratner to have far more favorable terms on the transaction as a whole relative to the state of affairs that would prevail if they missed the year-end deadline and had to seek out financing in relatively weaker, more conventional, credit markets.

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