BY REBECCA SHEEHAN
The American Dream Meadowlands retail and entertainment complex is closer to becoming a reality thanks to the persistent push by the New Jersey Sports & Exposition Authority last month, even though the two biggest tenants at the Meadowlands disagree with its development.
The complex, which will be overlooking MetLife Stadium, according to the New York Giants and Jets who are in agreement that this project will create major traffic congestion for both teams fans when events are held at MetLife Stadium once the complex is open.
According to Yahoo.com, the teams filed a lawsuit last week seeking to shut down the project, citing concerns about traffic congestion for fans as their primary reason to halt what has become the laughingstock of development in the United States, thanks in large part to being "the ugliest damn building in New Jersey and perhaps America," according to New Jersey governor Chris Christie.
“We have bent over backwards to try to accommodate this project because the governor has stated how important it is to him and to the state," said John Mara, co-owner of the Giants, speaking alongside Jets owner Woody Johnson during a recent interview published by the Wall Street Journal.
Currently in and around the stadium there are 24,000 parking spaces for its football fans generating close to $12 million a season (based on full lots each and every game ‑ two preseason home and eight regular season games) in revenue for the teams, Yahoo is reporting. For Giants Permanent/Personal Seat License owners (PSL), that price is $250 a season to park, while for Jets PSL holders, that price can be upwards of $350 a season because they tier their parking rates based on your "level of commitment," i.e. your seats in the stadium. Now based on those parking rates, enter the American Dream with its 30,000 parking spaces along with a proposed three-tier bridge connecting the two properties – all of which are up for grabs, free of charge for game day patrons.
Although the Jets and Giants will fight this construction with their lawsuit, come game day loyal fans are going to think twice when free parking is an option. I know I would.