NEW YORK CITY-The Bloomberg administration is progressing ahead to take hold of a portion of a real estate development project in Queens from private property owners. The city is planning to start the eminent-domain proceedings on holdout owners who hold property in the 62-acre development's first 20-acre phase.
Citi Field's development site, known as Willets Point, is slated to contain apartments, a hotel and a retail space. The city has acquisition agreements for 88% of the first 20-acre phase. For the full story, go to Wall Street Journal.
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