Dispute deepens between Lerner, Virginia over land for Tysons Metro
Washington Post
By Jonathan O'Connell
Monday, August 23, 2010
Tysons Corner developers spent more than a decade lobbying for Metrorail to be extended there, but with construction now underway, real estate magnate Theodore N. Lerner is locked in a nearly two-year legal battle with the state over the value of some of his land needed for the project.
The two sides were so far apart on an agreement for the land in 2008 that the state was forced to claim the property by eminent domain to start construction in time, paying $24 million.
Since then, things have worsened. According to court filings, Lerner finds the deal unsatisfactory and damaging to his company's redevelopment plans. And the state now thinks it paid too much and is attempting to get some of its money back. Barring an agreement, the case will go before a jury Nov. 1.
The second-easternmost Tysons Metro station is slated for the corner of Chain Bridge Road and Tysons Boulevard, right on the doorstep of land where Lerner Enterprises developed Tysons Galleria shopping mall, the Ritz-Carlton and office buildings leased to high-end legal and financial firms...
http://www.washingtonpost.com/wp-dyn...082005118.html