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December 7, 2006
It's Time To Say Goodbye to the Meadowlands Arena
The NY Sun
By Evan Weiner
Now that the Meadowlands' Continental Arena has lost the NJ Devils hockey team, who will soon move into their own arena in Newark, what should become of the facility?
An article about the arena's fate includes this tidbit about the NJ Nets options:
When an arena loses an anchor tenant it signals the beginning of the end of its usefulness as a sports venue. Jeffrey Vanderbeek's Devils franchise is gone and Bruce Ratner's Nets are contractually committed to the building only until his planned Brooklyn Arena sees the light of day. Of course, Ratner's arena may never be built, which means that — under the right circumstances — the Nets could end up in Newark or possibly somewhere in Queens. But Ratner is not likely to stay beyond 2010 or 2011 at an old arena that underperforms in terms of revenue because of a lack of luxury boxes, club seats, and other fan-friendly amenities.
Posted by lumi at December 7, 2006 6:27 AM