http://therealdeal.com/newyork/artic...onahue-peebles
Aqueduct bidders increase offers
August 24, 2009
Four of the six companies bidding to develop Queens' Aqueduct Racetrack have increased their offers to the state. The final deadline for submitting proposals to Governor David Paterson was last week.
SL Green Realty upped its offer to $275 million from $250 million. Aqueduct Entertainment Group promised the state an additional $100 million -- the company's original bid was $151 million -- if the state will add more video lottery terminals at the casino. Steve Wynn doubled his proposal to $300 million. The partnership of MGM Mirage and developer R. Donahue Peebles increased its bid but would not say by how much.
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