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The Related Cos. and Millennium Partners have emerged as the leading contenders to win the development rights to the coveted New York Coliseum site.
A decision by the Metropolitan Transportation Authority, which owns the site, had been expected this week. But officials say it will likely be delayed for several more weeks so Mayor Rudy Giuliani can study proposals from all five bidders. The mayor has veto power over the choice and, as of late last week, had not been briefed on the proposals.
Not until July
Also, the five bidders were just last week allowed to talk with officials from Jazz at Lincoln Center, a nonprofit...