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And we would finance this through a combination of private equity, debt, and federal and state historic tax credits. Tmg has a lot of experience and we believe we can secure those credits and help make this project work. The project would generate a good deal of revenue over its life as well as a good deal of expenses up front,v and we expect that we would be able to pay a very substantial amount of rent to the port and would be willing to structure various forms of up side participation as is typical for these major projects, however, there would be a need to negotiate and offset credits, qualifying rent credits for the structural work that would result in this new project going forward. Weve been asked to address project phasing issues and wed like to be as frank as we can with you about this. We have submitted this as a twophase project. The bulkhead rehabilitation which as matt said we think we can have in place in 12 to 18 months, followed by the phase ii full rehabilitation of th ....
Credits and help make this project work. The project would generate a good deal of revenue over its life as well as a good deal of expenses up front,v and we expect that we would be able to pay a very substantial amount of rent to the port and would be willing to structure various forms of up side participation as is typical for these major projects, however, there would be a need to negotiate and offset credits, qualifying rent credits for the structural work that would result in this new project going forward. Weve been asked to address project phasing issues and wed like to be as frank as we can with you about this. We have submitted this as a twophase project. The bulkhead rehabilitation which as matt said we think we can have in place in 12 to 18 months, followed by the phase ii full rehabilitation of the pier. We believe the appropriate time from a legal point of view to start the entitlement process for that phase ii project is after phase 1 is approved. So, why in construction, ....
Is there any other Public Comment . Come on up. Hi, good evening. Im paul [speaker not understood] with bill group. Were a general Contractor Building a project across the street from crane park. And we moved in about six months ago and the process was pretty easy. I heard it was difficult to get a lease, but it really wasnt. Took about 30 days and got some good land, and it helped us build our project. So, yeah, we had a really good nice easy time. Thank you. Thank you. [laughter] is there any other Public Comment . Commissioners, questions . Thank you for your presentation. Its sometimes a little like secret sauce. We dont know what comes in when we get all the presentations. We see the 557 leases that we have and they run the gamut from the Giants Stadium to ....
Wednesday, july 9th, 2014. From nbc news this is today with matt lauer and savannah guthrie. Live from studio 1a in rockefeller plaza. And good morning, everyone. Welcome to today on a wednesday morning. Want to talk about wails, the crying from brazil could be heard here. My gosh. 81. 71. Its like the last goal brazil scored, germans were like you should have one. Its your world cup. You should have one. You hosted it. I googled the rule. It looked like it might actually get worse than this. It was 50 in the first 30 minutes. The game was over before it started. Look at the crying in the crowd. My goodness. You feel for that country. We do, indeed. On their home turf as well. Well get is the latest from the world cup in a moment. But lets start with the weather. The storms that unleashed torrential rain and damage through the midwest to the northeast. It is not over yet. Nbcs ron mott is in clarksville, missouri. Good morning to you. Reporter good morning. We had the same system in th ....
Good deal of revenue over its life as well as a good deal of expenses up front,v and we expect that we would be able to pay a very substantial amount of rent to the port and would be willing to structure various forms of up side participation as is typical for these major projects, however, there would be a need to negotiate and offset credits, qualifying rent credits for the structural work that would result in this new project going forward. Weve been asked to address project phasing issues and wed like to be as frank as we can with you about this. We have submitted this as a twophase project. The bulkhead rehabilitation which as matt said we think we can have in place in 12 to 18 months, followed by the phase ii full rehabilitation of the pier. We believe the appropriate time from a legal point of view to start the entitlement process for that phase ii project is after phase 1 is approved. So, why in construction, say spring of 2013, realistically its about two, maybe a little more ....