The on-again, off-again exclusive lease negotiations between the city and the Hunts Point Terminal Produce Market have been extended for the third time.
The market, a co-op of 115 merchants, and the city's Economic Development Corp. agreed Monday to keep talks between themselves through Oct. 31, keeping New Jersey officials at bay.
The impetus for the agreement, according to Matthew D'Arrigo, president of the merchant co-op, was the public hearing the merchants requested of City Council members to discuss the city's Business Integrity Commission, which has regulatory authority over the market. The hearing is scheduled to take place on Oct. 23.
Extending the exclusivity agreement, "seemed like the right thing to do in light of our council hearings," added Mr. D'Arrigo.
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