This is crazy racket . Imagine being able to tell a developer what to build after they bought the place . After you been milking the former place at $1 a year in Times Square … then they refuse to get bought out the lease agreement from the developer . It’s really a disaster in the making.
Fuck that the developer should honor the contractual obligations they knew about when they building. Nobody is obligated to take a payout when they have a contract saying otherwise. It’s not a racket they have a valid lease from the previous owner.
They didn't just buy the place; they bought the place plus a contractual agreement to give a portion of the place to a non-profit. If they didn't want to buy that contractual agreement, they should have just moved on.
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