ALBUQUERQUE, N.M. (AP) — Virgin Galactic says it will start paying New Mexico rent on the nearly quarter-billion dollar Spaceport the state built for Richard Branson's space tourism business, but the company is doing so under protest and without waiving its right to walk away from the project.
According to letters obtained by The Associated Press, Virgin Galactic says the state has not finished the work necessary to trigger activation of its $1 million-a-year rent. And it says if the work is not complete by March 31, it may stop paying or give notice to terminate its lease.
New Mexico Spaceport Authority Executive Director Christine Anderson says the state's obligations have been met. She has requested a meeting with the company.
The dispute comes after Virgin expressed concerns about the state's inability to attract more business to the project.
Monday, May 20 2013 10:42 PM EDT2013-05-21 02:42:18 GMT
Omar Morales feels lucky to be here for his son Joshua's 10th birthday on Monday. Morales was one of the passengers on board a USAir flight that made an emergency landing at Newark Liberty.
Omar Morales feels lucky to be here for his son Joshua's 10th birthday on Monday. Morales was one of the passengers on board a USAir flight that made an emergency landing at Newark Liberty.
Monday, May 20 2013 10:28 PM EDT2013-05-21 02:28:23 GMT
After Assemblyman Vito Lopez resigned over claims of serial sexual harassment of female staffers, attention turned to whether powerful Assembly Speaker Sheldon Silver should continue his leadership.
After Assemblyman Vito Lopez resigned over claims of serial sexual harassment of female staffers, attention turned to whether powerful Assembly Speaker Sheldon Silver should continue his leadership.
Monday, May 20 2013 7:05 PM EDT2013-05-20 23:05:15 GMT
A private country club opened its golf course to the public for a charity tournament to raise money for Superstorm Sandy relief. The Westlake Golf and Country Club in Jackson hosted the event on May 13,
A private country club opened its golf course to the public for a charity tournament to raise money for Superstorm Sandy relief. The Westlake Golf and Country Club in Jackson hosted the event on May 13,
Monday, May 20 2013 6:30 PM EDT2013-05-20 22:30:03 GMT
Repair work on tracks that were damaged in last week's train collision has progressed quickly enough that the MTA predicts restoring full service along the New Haven line by Wednesday morning.
Repair work on tracks that were damaged in last week's train collision has progressed quickly enough that the MTA predicts restoring full service along the New Haven line by Wednesday morning.
Monday, May 20 2013 6:05 PM EDT2013-05-20 22:05:22 GMT
A spate of hate-fueled attacks on gay men in New York, including a killing in the heart of one of its most gay-friendly neighborhoods, is stirring up anxiety, disbelief and outrage.
A spate of hate-fueled attacks on gay men in New York, including a killing in the heart of one of its most gay-friendly neighborhoods, is stirring up anxiety, disbelief and outrage.
Monday, May 20 2013 5:32 PM EDT2013-05-20 21:32:24 GMT
As a family prepared for the funeral of a Hofstra junior killed by a cop's bullet during a standoff with an armed intruder, questions remain about how police handled the situation.
As a family prepared for the funeral of a Hofstra junior killed by a cop's bullet during a standoff with an armed intruder, questions remain about how police handled the situation.
