was the largest prison facility for political prisoners during martial law. Among the prisoners held there were some of the country's leading academics, creative writers, journalists, and historians including Butch Dalisay, Ricky Lee, Bienvenido Lumbera, Jo Ann Maglipon, Ninotchka Rosca, Zeus Salazar, and William Henry Scott. The YRC was a higher security prison which housed prominent society figures and media personalities,including society figures Tonypet and Enrique Araneta, Constitutional Commission delegate Manuel Martinez, poet Amado V. Hernandez, and Polytechnic University of the Philippines president Dr Nemesio Prudente. After Fort Bonifacio was privatized, the area in which Ipil was located became the area near SNR and Home Depot, near 32nd Street and 8th Avenue within in Bonifacio Global City, while the YRC became a government facility just outside of the business district. On March 19, 1992, President Corazon C. Aquino signed the Bases Conversion and Development Act of 1992 (RA 7227) into law, creating the Bases Conversion and Development Authority (BCDA, tasked with converting Military Bases into "integrated developments, dynamic business centers and vibrant communities." On February 7, 1995, the BCDA and a consortium led by Metro Pacific Investments Corporation formed a joint venture called the Fort Bonifacio Development Corporation (FBDC) for the purpise of developing 150 hectares of former Fort Bonifacio land. The private group bought a 55% stake in the FBDC for 30.4 billion pesos, while BCDA held on to the remaining 45% stake. The FBDC's landmark project was concieved as Bonifacio Global City, a real estate development area meant to accommodate 250,000 residents and 500,000 daytime workers and visitors. The project was hampered by the 1997 Asian financial crisis, but moved forward when Ayala Land, Inc. and Evergreen Holdings, Inc. of the Campos Group purchased Metro Pacific's controlling stake in FBDC in 2003. Land dispute On December 9, 1937, the Deed of Absolute Sale executed by the owner, Don Anacleto Madrigal Acopiado in favor of the American Government covering the area of 100 hectares, portion of Bicutan, Taguig, annotated at the back of TCT No. 408. During the American Commonwealth, it was converted to a Military base, named Fort McKinley. It was during the presidency of the late President Ferdinand E. Marcos' administration when Fort McKinley was renamed Fort Bonifacio and transferred to Makati. Taguig got the jurisdiction over Fort Bonifacio after winning the case against Makati in filed in the Pasig Regional Trial Court in 1993. Makati appealed