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RED SOX NOT ROLLING OUT THE RED KARPET FOR DEVELOPER - YET

          MA developer Steve Karp "has played an intimate but so-
     far secret role in the proposal to replace [Fenway Park]
     with a bigger version next door, and wants to develop and
     remain a partner with the Red Sox in the project," according
     to Jon Marcus of BOSTON MAGAZINE.  Karp, whose personal
     wealth was estimated at $100M even "before he developed some
     of his biggest and most lucrative projects," said he has "a
     lot of ideas" that would make a new Fenway "better than
     anything that's been built," including Camden Yards.  Karp
     has been "quietly talking" with the Red Sox about a Fenway
     replacement, although the team is "moving slowly." Karp, on
     his ballpark vision: "It's entertainment.  It's shopping. 
     It's all the type of challenges we take on and enjoy.  But
     it's not my decision.  I have to be invited in [by the
     team], and I haven't been" (BOSTON MAGAZINE, 6/98).
          RED SOX FOCUS ON THE FIELD: Responding to the article,
     Red Sox Exec VP/Administration John Buckley said that "any
     ballpark proposal is months away," and added the team is "in
     no rush."  Buckley, on Karp's involvement: "We haven't had
     any role with him yet.  He is a respected developer, one of
     many in the Greater Boston area.  We haven't decided on a
     partner.  We haven't even decided on the need for a
     development partner. If it's just a ballpark, I don't see
     the need" (Joan Vennochi, BOSTON GLOBE, 5/27).

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