Because of a 1998 agreement, Marriott can buy the property under its Times Square hotel for $19.9 million, one-tenth of its current value, according to a report by the city comptroller.
Stories Related to Marriott Marquis Deal Could Cost Taxpayers $344.9 Million, Audit Says
By CHARLES V. BAGLI, New York Times
Tue, 02/12/2013 - 10:43am
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