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MTA Press Releases

Press Release
March 21, 2005
IMMEDIATE
Statement On West Side Rail Yard Bids

The Metropolitan Transportation Authority announced that it has received five
bids as final offers for the development rights to the western portion
of the LIRR West Side Rail Yard. Two of the bids were deemed as non-
responsive. The bids were submitted by TransGas Energy System, the New
York Jets, LLC, Cablevision, and the two non- responsive bids were from
Missak Financial Group, and World Network International.

The non-responsive bids were a result of failure to include the $25,000 proposal
deposit.