The Bloomberg administration has been trying to renegotiate its lease for the operation of the airports with the Port Authority.
Like David Rubin and Eric Sauder, I too am appalled at the destruction and deterioration that has taken place aboard the Queen Mary since the Walt Disney Co. took over the lease for the operation of the ship (Times, March 14).
The city already owns John F. Kennedy and La Guardia Airports and leases them for operation by the bistate Port of New York Authority.
Last month Fitch, a ratings agency, downgraded Chicago's bond rating, in part because the city had used money from the meter-lease to pay for operations.Other politicians may learn the best lessons from Chicago's privatisation plans.
The floors in between will be converted to offices for Foote, Cone & Belding and for Bank of America, which earlier this year leased 180,000 square feet for operations displaced from the World Trade Center and to consolidate from other sites.
But as of March 2012, only about 37 million acres were under lease for oil and gas operations, of which about 16.3 million acres have active oil and gas production or exploration, according to the Interior Department.
One of the complexities of the Southern Cross issue has been that its homes have had separate ownership, by as many as 80 different landlords, with the company leasing the homes for operation.
Lease or purchase machinery and vehicles needed for operations.
Wang Laboratories Inc. agreed in principle to sell its international lease-financing operations for about $250 million to GE Capital, a unit of the General Electric Company.
Mr. Nam signed the lease for the planned new downtown operation, at 65 Broadway near Exchange Place, more than a week after the terrorist attack on Sept. 11 destroyed the trade center and caused thousands of businesses in the area to leave or suspend operations.
