NJ town signs off Meadowlands megamall - FOX 35 News Orlando

NJ town signs off Meadowlands megamall

Posted: Updated:

EAST RUTHERFORD, N.J. (AP) -- The town where the Meadowlands sports complex sits has signed off on its part of a public financing plan for a long-delayed megamall project.

The Record  reports East Rutherford's borough council signed off this week on a plan that authorizes up to $524 million in bonds to help developer Triple Five complete the project. In exchange, Triple Five will pay as much as $128 million to the borough over the next 30 years.

East Rutherford's vote moves forward Triple Five's plan to raise $1.8 billion to finish the project. State and county agencies will have to add their approval.

Triple Five also is facing a lawsuit by the New York Giants and New York Jets, who say the mall will create traffic nightmares on game days.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • New Jersey NewsNew Jersey NewsMore>>

  • Newark police officer shot

    Newark police officer shot

    Wednesday, July 30 2014 9:04 PM EDT2014-07-31 01:04:39 GMT
    A Newark police officer was shot in the leg while trying to arrest an armed robbery suspect Wednesday afternoon, officials said. The officer, a 19-year veteran of the force assigned to the 5th Precinct, suffered a gunshot wound in his lower leg, according to the head of the police union.
    A Newark police officer was shot in the leg while trying to arrest an armed robbery suspect Wednesday afternoon, officials said. The officer, a 19-year veteran of the force assigned to the 5th Precinct, suffered a gunshot wound in his lower leg, according to the head of the police union.
  • New Jersey detective acquitted in Maryland highway shooting

    NJ detective acquitted in Md. highway shooting

    Wednesday, July 30 2014 2:16 PM EDT2014-07-30 18:16:51 GMT
    A jury has found a New Jersey detective not guilty in the slaying of a driver during an alleged road-rage incident. Joseph Walker, 41, an investigator for the Hudson County, New Jersey, prosecutor's office, was found not guilty on all counts on Wednesday in Anne Arundel County Circuit Court. He had been charged with first-degree murder in the death of Joseph Harvey, 36, of Landsdowne.
    A jury has found a New Jersey detective not guilty in the slaying of a driver during an alleged road-rage incident. Joseph Walker, 41, an investigator for the Hudson County, New Jersey, prosecutor's office, was found not guilty on all counts on Wednesday in Anne Arundel County Circuit Court. He had been charged with first-degree murder in the death of Joseph Harvey, 36, of Landsdowne.
  • Amazon ships first order from New Jersey

    Amazon ships first order from New Jersey

    Wednesday, July 30 2014 1:31 PM EDT2014-07-30 17:31:08 GMT
    The world's biggest online retailer has shipped its first order from its new distribution center in New Jersey. The Interplak All-In-One Sonic Water Jet was sent from Robbinsville to an Amazon customer in New York. Amazon says it expects to employ more than 1,000 full-time employees at the 1 million-square-foot center just outside of Trenton.
    The world's biggest online retailer has shipped its first order from its new distribution center in New Jersey. The Interplak All-In-One Sonic Water Jet was sent from Robbinsville to an Amazon customer in New York. Amazon says it expects to employ more than 1,000 full-time employees at the 1 million-square-foot center just outside of Trenton.

Powered by WorldNow

35 Skyline Drive
Lake Mary, FL 32746

Phone: (407) 644-3535
News Tips: (866) 55-FOX35

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices