Regardless, NYRA owns the land, buildings, improvements that are involved. They have been paying taxes on such for years with NO tax breaks whatsoever. NYRA obviously has made somebody mad enough to try to whack them.
I believe that the bankruptcy filing by NYRA was a defensive position to protect their assets (the tracks). This battle is far from over. Unfortunantly, New York racing is going to take the brunt of the damage, as is the entire industry.
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