Content area
Full Text
The board of New York's Battery Park City Authority yesterday approved permitting Goldman, Sachs & Co. to develop a new corporate headquarters in the state-operated neighborhood in lower Manhattan, which the state plans to subsidize with up to $1 billion of tax- exempt Liberty bonds.
At its monthly meeting yesterday, the authority's board designated Goldman as the developer of site 26 - which is in the northern end of neighborhood, across from the World Trade Center site. The land is Battery Park City's last undeveloped parcel that is zoned for commercial use.
The designation of Goldman...