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Daily News from New York, New York • 93

Publication:
Daily Newsi
Location:
New York, New York
Issue Date:
Page:
93
Extracted Article Text (OCR)

'p. "7T1 5 emu 1 GOEOTVE I DOVOU BELIEVE Estimate Oils Leases on S.I. THAT LITTLE cSJEEM GHETTO TUE CTWEJ WIGHT. MLBA? Containerport A1EW IWIIE OME. in py Kv A KM I Mi'KKHMlK 4 fri j.

1 1 J.I1C XU5irU Hi JMLIlllSiLt' 1JII21I1I- mously approved last night the lease arrangements to permit the -city to move ahead with its de- velopment of a containerport and industrial park at How land Hook, in the northeast corner of Staten 1 HHrtj island. However, in an unexpected de- Oeame: Won' Bounce Them is- James D. Carroll introduced a a 5 1 1 11 I 1 I 1 -1 to stay on would have their applications screened by his talent screening committee, where each bid would be given "proper consideration." Obviously disturbed by a reminder that he had thus far filled only six positions, the mayor-elect explained that he did net want to appear to bypass tie screening unit, the first in the city's history. Edward O'Neill a leases snau not De executed unm additional lease for the velopment of the entire upland "i'' area of the Howland Hook tract, a large portion of it, is ap- a good job; they're entitled to be kept." The minor panic caused by the resignation letter signed by Deputy Mayor-designate James A. Cavnagh might have been alleviated, Beame conceded an explanation that those requesting "They tell me it is commonplace for a new administration to ask for resignations," he said.

"I assure those who are in government that they're going to be given every consideration. I recognize the fact that some are in positions where they have done Mayor-elect Beame defended his form letter calling upon 265 top department and agency heads in the Lindsay regime to resign and backed up his defense yesterday with the hopeful hint that some may be asked to stay on the job. proved by the Board of Estimate. This also was passed unanimously by the board. A 1 1 to -a to the upland area also was duced yesterday and will be con- i i a i -j Ti WMEN GOT TEDS dP.E.

W1WM dpedpm't waste C. Fabber, commissioner itfirr Mini i.rrn 1 its is. 921111 1.11311. f. with the leasing cf the upland portion, the city will earn enough in rent from the entire Hcwland Hook development to make it self-sustaining.

4 Rent Settlement The lease- approved by the board is for a 30-year period with U.S. juines, wmcn win erate a containerport on 187 acres vf Oia 514-nrrp tract which the city will buy from American port Industries for $47.5 million. American Export Lines, a sidiary of American Expert dustries, which already operates the facility, will also be a tenant at the site. 7 Annua, The board also approved resolutions to accept the surrender of leases with two carriers cn five Manhattan piers and on the jsrapieion aucss io11 U. S.

Lines owes the city nearly 41 million in arrears xvi ujc Manhattan piers as a result oi two 20-vear leases signed in 1964 7 and 1965. That debt, according to terms of the lease approved yes- terday, will be paid over tne next 2- 6. The balance of the tan pier rents will be waived. Aerial Tram Gets Go Sign In a Board of Estimate session dominated by the incoming i rlflrincr t.h wav for con struction of the Roosevelt Island -aerial tramway 'was approved, and a one-month moratorium on construction of nursing homes and related facilities was im- i Led by Deputy Controller James D. Carroll, Mayor-elect -''Beame's board representative, -si Lilt? uuaJU the Yankees' Shea Stadium lease and several pet Lindsay adminis mWWmW TOTE A MnUTES TAfliffi ADDVAMTAGDJ OUK LEMnTIEDD $5 MflLLEdM OFFIER: tration projects, and gave indications that Beame will not be as Manhattan-oriented as his prede-r eessor was accused of being.

4 The final action on the tramway Si was the eranting of a franchise I Mail to your nearest Prudential office: Enclosed is my deposit of for a Daily Compounded 7.50 Savings Certi to the Urban Development Sponsors of the huge development twider construction on Roosevelt, fae; former Welfare Island, to Wild and operate a $2.5 million cable-car system over the East Eiver between the island and Second Ave. and E. 60th St. The moratorium will affect, according to one source, well ever ficate. ($1,000 or more for a term of 4-7 years only.) years.

Effective Annual yields are realized when principal and interest or dividends are left on deposit for a full year. All interest and dividends are compounded daily. Federal regulations permit withdrawals from new savings certificates before maturity at a substantial penalty. The rate of interest on the amount withdrawn is reduced to the regular savings account rate plus the loss of an additional three months interest at that rate. (specify term) In my name In trust my name only for 1 $50 million worth oi piannea wursinsr homes and other health In my name jointly with-Signature Name (please print)- IPRUPEMTIAL I I Address- facilities, many already under construction.

W.X Action on the "Yankees' request lease Shea Stadium for the next two seasons while Yankee Stadium is undergoing rencva- tions. was deferred at Carroll's j' request. He noted that the $l-a-t'j year lease gives the Yankees the -State-i -2ip I I I City Apt- -Soc. Sec. No- I (Use registered mail if sending cash.) nyn 1271 parking receipts that normally I tn thftr ritv and rails for the 4 i 4.

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Pages Available:
18,846,108
Years Available:
1919-2024