Quote:
Originally Posted by paperplane
Isn't there like 30 years left on their lease?
And Herb Black is so litigious things are stalled as it is, imagine if the Port terminated the lease, there'd be 30 years of lawsuits and/or the Port wouldn't want to pay the sums of money he'd want to terminate.
Seems like the only option is DPW pays Herb a ridiculous amount of money and/or Carney, otherwise, it's playing the 30-year long game...
|
I read somewhere it was a 40 year lease expiring in 2042. I would assume he is within his rights to keep the property as long as he meets the terms of the lease. I'm sure the port has examined the lease from every angle looking for a possible out.