As the NY Daily News is reporting this morning, there is a significant chunk of state land in play where Related Companies wants to plunk down a 180,000 square foot Walmonster: "Walmart's dream of opening its first New York City store could hit a roadblock in Albany. The company is eying a site in East New York, Brooklyn, where developer Related Cos. still needs to buy 20.5 acres of empty state-owned land. State officials are negotiating a purchase price with Related for the Gateway II project, but Walmart opponents hope to persuade Gov. Paterson to block the process and keep the store out."
Now, we have already pointed out about the potential problem with the state land, but no one is really depending on the outgoing governor to do anything-all of this will be placed squarely in Andrew Cuomo's lap. But it is an interesting wrinkle that should be fleshed out: "Paterson has not taken sides in the Walmart debate, and it is unclear that the sale of state land would require the governor's sign-off. A spokeswoman for the governor said a 1994 law requires the sale at a "fair and equitable price," which several state agencies are negotiating with Related. "There is nothing on the governor's desk about the property," spokeswoman Jessica Bassett said. "We are continuing to negotiate as we have been with Related."