In a second phase of development there, he hopes to add a 700,000-square-foot retail mall at the other end of the site.
After the railroad's bankruptcy, the build sat vacant until it was converted into a retail mall in the 1970s.
Among these assets are several retail malls, office complexes and industrial parks.
The university then hired the previous owners to manage the property as a retail mall "for now".
The official said the Giants might be looking to finance a solution that could include a retail mall there.
Construction is under way in two of the airport's five terminals to add moving sidewalks and a 45,000-square-foot retail mall.
From 1985 to 1995, he led an effort to build a retail mall adjacent to the 213,000-square-foot Westbury store as a way of increasing business.
Suburban areas have developed separate job markets, both in knowledge industries and services, such as major retail malls.
By next year, personal computers rated above 2,000 are likely to be available for less than $3,000 at retail malls.
The gym is to occupy about 40,000 square feet on the top floor of the four-story retail mall.