. >> i am steve atkinson. we are representing the owner of 55 stockton street, and the corporation has developed this property and has owned it since that time. i want to just briefly explain my client's position. there was a proposed price of $13,500 in january. the city then -- we informed the city of this. my client, the delay was only due to the fact that the city forward everett policy reason decided not to share anything with this. we thought that would be fair. nonetheless, they have transmitted their summary to the city, and we are awaiting the response. when the mta is seeking to do today is authorizing the execution of eminent domain. we do not believe this action is necessary. we are not opposed to the central subway. we are not opposed to the license. we are in ongoing negotiations with the city. all they want to do is is to assure that they receive fair value, which is $37,000. if the city will agree to that, this matter can be concluded very quickly. they are not seeking a windfall, just fair val