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July 11, 2010
Nets Seeking Bargain Shoppers in Suite Sales
Nets Daily
There are still plenty of arena suites available for the Nets arena, even though they've been on sale since May of 2008.
The sales pitch would have been so much sweeter if LeBron had taken his talents in another direction.
Inside a midtown Manhattan office atop Bruce Ratner's Times Building, Nets sales people are offering not a superstar but bargain rates for Barclays Center suites.
While suites at Madison Square Garden, Citi Field and Yankee Stadium go for as much as $1 million a year, some smaller but similarly placed suites at Barclays will go for between $215,000 and $425,000. The target: small businesses, particularly in Brooklyn. So far, only 35 of the 104 suites have been sold, a number that's barely moved in the last few years. Although the Nets can't offer LeBron James, they are offering prospects road trips on the Nets' team plane.
NoLandGrab: There may have been moves to make arena suites more affordable (perhaps because they're no longer designed by starchitect Frank Ghery who was dropped from the project), but when can we expect to hear anything about Atlantic Yard's much-touted affordable housing?
Posted by steve at July 11, 2010 2:28 PM