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Message: [QUOTE="FrancoPizza, post: 1471290, member: 5195"] The original deal had an out clause that the Mayor's legal team never picked up on. But I think that's missing the point. Contrary to what haters want to believe, there was legitimate momentum to advance on additional phases. Destiny made several extension penalties to the city to keep the phase 2 PILOT alive when they could just have backed out earlier per the written language in the deal. The economics were a lot different back in 2006 when the original deal was struck. If you read between the lines, they were trying to see if a 1000+ room hotel was still viable and eventually determined it was less risky to take the escape clause and continue with further investment at a pace and scale that made more sense given the conservative lending climate that was established post-recession. But of course, if you read syracuse.com and listened to the mayor you'd think a much different story unfolded. [/QUOTE]