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Plans to build a new headquarters for the Goldman Sachs Group Inc. were nudged closer to fruition yesterday when the Battery Park City Authority board voted to lease some of its Lower Manhattan property to the company.
The state-controlled authority owns the land opposite the World Trade Center site where Goldman Sachs plans to build a $2 billion headquarters with $1.65 billion of tax-exempt Liberty bonds. While the lease was not signed yesterday, it's unlikely that the parties will change the terms outlined at yesterday's meeting, authority spokeswoman Leticia Remauro said. "Goldman Sachs got a good deal, there's no question about it," authority chairman James F. Gill said. "Downtown New York, the city, and the state of New York got a better deal."
Under the lease, Goldman will pay the authority $161 million in a lump sum,...