Spin Cycle
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Suffolk Sale-Leaseback Stall Causes Some Worry
Photo credit: Newsday / Thomas A. Ferrara
Lack of state approval for Suffolk’s plan to sell and lease back its buildings as a short-term budget fix is creating increasing worry among county lawmakers.
Suffolk legislative leaders met Friday with County Executive Steve Bellone to discuss potential solutions to a newly projected $250 million shortfall through 2014. But the cloud hanging over the proceedings was the continued uncertainty...