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A SKYSCRAPER IN THE MEADOWLANDS; RENOVATION FIT FOR GIANTS
Published October 18, 1995
The renovation at Giants Stadium announced yesterday "eventually will generate at least $12 million in annual revenue to be split three ways among" the Jets, Giants and the NJ Sports and Exposition Authority, according to Thomas Fitzgerald of the Bergen RECORD. The "unprecedented partnership" of the teams and state agency will spend $37M to "modernize the stadium and squeeze more money from it." Plans call for 26 new luxury suites "above the upper tier on towers" on the south side of the stadium and 794 club seats with an adjoining 12,000 square-foot clubhouse on the mezzanine level. Although prices have yet to be set on six "super suites" where the press box currently sits, NJSEA President Robert Mulcahy estimated they would cost $300-400,000 a year. A new press box will be built on top of the facility. Building will begin next month to be completed by the start of the '97 season (Bergen RECORD, 10/18).