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Jets persevere on stadium


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from NY Newsday

Jets persevere on stadium, with help from unexpected quarters

BY PRADNYA JOSHI

STAFF WRITER

The New York Jets are still keeping their drive for a new stadium alive and are getting unsolicited offers to help with their financing, a project developer and supporter said.

An international steel company, the city's real-estate developers and even union pension funds are weighing being investors in the $2.2-billion project, which also could be used for expanded convention center space and rented out for other special events.

Despite being turned down by a crucial state board earlier this month, the Jets had vowed last week to continue their bid for a 13-acre site on top of the far West Side rail yards owned by the MTA. The project has drawn much opposition from neighborhood groups and some political figures who say the stadium plan didn't make sense for New York.

Since being turned down for $300 million in state financing, the head of the Jets' architectural firm, A. Eugene Kohn, said he has fielded many calls from supporters and interested parties offering to help. A major international steel company which he declined to name is considering donating 83,000 tons of steel for the project.

"There's a real interest by foreign companies for this facility," Kohn said, noting that they see the potential for future Super Bowls and major sports events being held in Manhattan.

Unions and builders support the project because it's "a very critical project to the overall economic development initiatives on the West Side," said Lou Coletti, head of the Building Trades Employers' Association, which represents construction companies. One or some of the unions could invest a pension fund into the project, as some unions have done for some private developments in the past, he said.

In addition, Kohn said he had also called Donald Trump to see if he would be interested in helping on the project. A call to Trump's spokeswoman wasn't returned Tuesday, but Trump is also being courted by the Jets' chief rival for the site, Cablevision Systems Corp., which owns Madison Square Garden.

"The first step is going to contract," said Matt Higgins, Jets vice president for strategic planning. "It's heartwarming to see how many people want to see it through despite the setback."

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Guys...let's keep the name calling directed at those who are actually here to defend themselves.

Limo chooses not to post here. Time to move past it.

Really? Is this part of the break up? You get Bren & GGG she they get Limo and Jetgirl?

BZ

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We are like the Yankees here. We are not afraid of a luxury tax. If a good poster is out there we will acquire them. Sometimes we let other sites groom them and when they became stars we bring them here.

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Guys...let's keep the name calling directed at those who are actually here to defend themselves.

Limo chooses not to post here. Time to move past it.

Just in case anyone missed this the first time around. No personal attacks.

Let's move past it all already.

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