City officials said Wednesday a $1 billion shopping mall in the parking lot of Citi Field will spearhead development in a blighted section of Queens.
Baseball and blackjack? The owners of the Mets were all in on a 2011 proposal for a casino next to Citi Field, only to be rejected by the Bloomberg administration, according to the New York Post.
Willets Point in Queens is best known for the Mets’ home stadium and — well, not much else. But it seems that’s due to change.
Lawyers say they’ve reached a tentative settlement of a lawsuit blaming the New York Mets’ owners for losing more than $16 million in 401(k) assets by investing with failed financier Bernard Madoff.
The Wilpon/Katz group won a big victory by the mere fact that Judge Rakoff has decided to keep the whole trial (if there is a trial, which there probably will be) in federal district court and not in bankruptcy court.
The owner of the New York Mets will be in court today seeking to have a $700 million lawsuit filed by Irving Picard thrown out.
A court-appointed trustee says the owners of the Mets reaped profits from Bernard Madoff’s financial Ponzi scheme even as they went “shopping” for insurance to protect themselves in case the scam collapsed.
Former Gov. Mario Cuomo listened intently to the legal arguments in the courtroom Thursday. He has been appointed to work out an agreement between the trustee and the Mets owners.
A lawyer for the trustee trying to recover money for the victims of the Bernie Madoff Ponzi scheme says negotiations have ended to settle a lawsuit filed against the Mets owners and their affiliated companies.
The owners of the Mets should be held accountable for letting their workers put more than $16 million in 401(k) assets into accounts controlled by Bernard Madoff, a widow said in a lawsuit.