Option to Buy Farley Post Office Expires

The Pataki administration failed to hold onto the Farley Post Office in the last moments of 2006, but negotiations are continuing, this time under Governor Spitzer's purview. In late December, Charles Gargano, then-chairman of the Empire State Development Corporation, announced a last-minute blitz to renew the option that the state had to buy the building as part of its Moynihan Station conversion.

Robert Anderson, a spokesman for the United States Postal Service, said no agreement had been reached by the Dec. 31 expiration date, but that there were no plans to try to sell the building to anyone else.

- Matthew Schuerman