NY High-Rise Owner Drops Subway Suits, Proposes Compromise

Law360, New York (May 11, 2012, 3:42 PM EDT) -- An Upper East Side high-rise owner and the building's tenant association on Wednesday dropped suits after proposing a compromise with the Federal Transit Administration and others they had previously accused of planning a New York City subway expansion project without considering environmental concerns.

The voluntary dismissals also let New York's Metropolitan Transportation Authority and its construction company off the hook.

The two federal suits, one in appellate court concerning the project's environmental impact and one in district court blasting the agencies for not readily providing public...
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