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SUITES AT NEW HAWKS/THRASHERS ARENA AMONG HIGHEST IN SPORTS
Published May 8, 1998
Officials of Atlanta's new arena, home of the Hawks and Thrashers in '99, "quietly" have been leasing private suites "and, in the process, confirmed that the luxury seating is reachable only for the upper crust," according to Jeff Schultz of the ATLANTA CONSTITUTION. The suites are priced at $135,000 to $225,000 per year, "among the highest in sports." About half have been leased, including "a majority" of the top-priced models. Arena President Bob Williams said the price point "has not been an issue." The average suite price of $189,000 is 51.2% higher than the projected $125,000 in a '96 feasibility study. Suites have been leased for five, seven or 10 years (ATLANTA CONSTITUTION, 5/8).