MTA Will Consider Other Bids for West Side Railyards

It's deja vu all over again! After the city's hot and heavy offer to pay the MTA $500 million for the West Side Railyards in July and the MTA's apparent interest in making that deal happen (because the city would help fund the 7 line extension), it seemed like West Side development was moving along again. But then it turned out the land was worth $1.5 billion (thanks to an MTA audit), and now MTA Chairman Peter Kalikow is all "We're open to offers." The Post reports the "Metropolitan Transportation Authority is in no rush to sell the Hudson Rail Yards on the West Side before Gov. Pataki leaves office in January." Oh, is this Kalikow's move to seem more amenable to probable future Governor Eliot Spitzer, who has criticized him but can't oust him when he takes office? Well, it's good to know that even Kalikow understands that underpaying by $1 billion is a problem.