WPCNR COMMON COUNCIL-CHRONICLE EXAMINER. June 4, 2007: Reckson/SL Green campaigned in the press today, urging the Common Council to deny Cappelli Enterprises the Exclusivity Agreement it seeks to develop the White Plains Train Station for Louis Cappelli's Station Square project. The Journal News reported today it had received a letter Saturday from John Barnes of Reckson/SL Green, a Senior Vice President expressing the desire to develop its plan for the site.

The letter already has according to the Journal News turned Councilman Glen Hockley away from support for the Exclusivity Agreement. Hockley is reported by the paper as being in support now of competition, appearing to assure the dumping of the Exclusivity Agreement in some way, or more discussion. Ironically, the failure of the Common Council to vote the Exclusivity Agreement May 24 as Mr. Cappelli had expressed at the May 10 work session, has given developers a chance to jump on his idea for developing the station -- even imitate it.

All members of the Common Council with the exception of Dennis Power, knew details of the plan from Mr. Cappelli for six weeks before May 24, but failed to move to approve the Exclusivity May 24 due to public pressure, when they had expressed no overdue concern on the project or the Exclusivity Agreement for five weeks.

The letter was sent exclusively to The Journal News. It also gives the Common Council reason to reject the Exclusivity Agreement and launch Requests for Proposals to develop the site. Cappelli had hoped to lease out the office components of his project in 2009. Sorting through Requests for Proposals should the city decide to go that route effectively kills this project timetable.