La Marqueta Associates, a limited partnership of which plaintiff S.J. Marqueta, Inc. is a 60% general partner and La Marqueta Development Corporation (LMDC) is a 40% general partner, was selected in 1988 to lease, manage, and renovate the premises known as La Marqueta, owned by the City of New York. LMDC is a wholly owned subsidiary of defendant General Atlantic Realty Corporation (GARC), a real estate development corporation which also guaranteed the plaintiffs' partnership...
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