Developer of 'American Dream' on Route 3 says Jets, Giants are trying to 'thwart' project
Jul 11, 2013 | 1550 views | 0 0 comments | 23 23 recommendations | email to a friend | print
AMERICAN DREAM – The site of the old Xanadu and new ‘American Dream’ project is scheduled to receive external façade work, in addition to finishing the interior. Gov. Christie believes the work will start this quarter.
AMERICAN DREAM – The site of the old Xanadu and new ‘American Dream’ project is scheduled to receive external façade work, in addition to finishing the interior. Gov. Christie believes the work will start this quarter.
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MEADOWLANDS -- The Jets and Giants were sued in state Superior Court on Tues., July 9, by Triple Five, developers of the American Dream project on Route 3, who contend that the football teams are doing what they can to “thwart” the project and prevent it from “ever opening,” according to a report in The Record.

The lawsuit, filed in Bergen County, alleges breach of contract by the National Football League franchises, citing a 2006 agreement in which the Jets and Giants received $15 million for allowing the entertainment and shopping project, then called Xanadu, to be built.

The teams are already in court with a suit of their own, attempting to reverse the N.J. Sports and Exposition Authority’s approval of Triple Five’s addition of amusement and indoor water parks to the project.

The Jets and Giants, who play across the highway in Met Life Stadium, have referred to a stipulation in the agreement that gives them the power to veto changes to the project that would generate “adverse” effects on the game-day activities of their fans.

Triple Five’s stance is that their project would benefit the football fans, giving them recreational activities prior to and following the games.
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