Results tagged “foye”

The proposed expansion of the Jacob J. Javitz convention center is essentially dead in the water as government officials admitted that the amount of money it would cost to undertake the project would not be worth the marginal return on investment that additional tax revenues would provide. Empire State Development Corporation chairman Pat Foye testified that about half of the expansion plan's $1.6 billion budget would be consumed just making repairs to the existing Javits structure.