NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) has assigned a long-term rating of BBB- with a Stable outlook to the $526,135,545 New York State Urban Development Corporation d/b/a Empire State Development Moynihan Train Hall Project TIFIA Loan.
The rating is based on KBRA’s General Property Tax/Assessment Revenue Methodology. For certain Rating Determinants, elements of KBRA’s CMBS Property Evaluation Methodology was used in developing the rating assessment.
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