The rating action referenced in Fitch Ratings' July 26, 2012, press release (Fitch to Maintain Neg Watch on NY Liberty Dev Corp (3 World Trade Center) 2010A-2, A-3; Rates 2010A-4), is effective today (Aug. 8, 2012).
Additional information is available at www.fitchratings.com. The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.
Applicable Criteria and Related Research:
--'U.S. Municipal Structured Finance Criteria' (Feb. 28, 2012);
--'Rating Guidelines for Letter of Credit-Supported Bonds' (June 20, 2012).
Applicable Criteria and Related Research:
U.S. Municipal Structured Finance Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=672570
Rating Guidelines for Letter of Credit-Supported Bonds
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=681737
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Contacts:
Fitch Ratings
Primary Analyst
Joseph Staffa, +1-212-908-0829
Senior
Director
Fitch, Inc.
One State Street Plaza
New York, NY
10004
or
Secondary Analyst
Linda Friedman, +1-212-908-0727
Senior
Director
or
Committee Chairperson
Trudy Zibit,
+1-212-908-0689
Managing Director
or
Media Relations:
Elizabeth
Fogerty, New York, +1 212-908-0526
Email: elizabeth.fogerty@fitchratings.com