(Reuters) - "It's certainly in the best interests of the city and state that we're able to maximize our revenues," an MTA spokesman said, ahead of a series of public hearings on how the land should be used before the MTA issues design guidelines for would-be developers by the end of May.
The western half of the site, which stretches from 11th to 12th Ave. in Manhattan, was appraised for as much as $1.3 billion.
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