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February 10, 2006
Nets might stay in N.J. until 2010
The Newark Star-Ledger
By Matthew Futterman
With delays mounting for their proposed arena in Brooklyn, the Nets and the New Jersey Sports and Exposition Authority are now in serious negotiations to keep the team at Continental Airlines Arena through the end of the decade.
Officials involved with negotiations for a new lease for the Nets said the agreement would last at least through the 2010 season with options to continue playing at the arena as long as the Nets need to be there. If the parties reach an agreement on a new lease it would replace the current lease, which is set to expire in 2008.
NoLandGrab: Futterman's article provides an interesting snapshot of the sports venue scene in Jersey, though there are some arbitrary facts and figures about Ratner's Brooklyn plan.
Just remember, there are 7,300 units of housing, the process hasn't been delayed (it only started last year with the Draft Scope hearing in October), and there is no City approval process in play (everything is happenning through the NY State approval process) — in Ratnerville, minor details seem to be a big deal.
Posted by lumi at February 10, 2006 8:23 AM