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PMG, Hakim want $56M of LIC land, development rights

2015-03-22 23:40:17| Railroads - Topix.net

A joint venture between Kevin Maloney's Property Markets Group and the Hakim Organization wants to buy nearly $56 million worth of unused development rights and land from the Metropolitan Transportation Authority, which could allow them to build Queens' tallest building. The plan also calls for the team to create and maintain a public park and expand subway access at the Queens Plaza station in Long Island City, according to Crain's.

Tags: rights development land lic

 

LIC raises stake in Indraprastha Gas to 7.2 pc

2014-02-09 10:54:00| Chemicals - Topix.net

LIC last week acquired 2.95 million equity shares of IGL - the firm that sells CNG in national capital, from the open market to increase its shareholding in the company from 5.097% to 7.204%, according to disclosures made by IGL to the stock exchanges.

Tags: pc gas raises stake

 

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