December 12, 2005
Jersey NFL stadium tops $1B mark
The New York Giants and Jets issued preliminary plans for their planned shared stadium in the New Jersey Meadowlands, but the headlines aren't about the snazzy artist's renderings (are those watercolors?), but rather the new cost projection: more than $1 billion, according to Jets president Jay Cross. That's up from $800 million just since September, and is another indicator that the Katrina Effect is real and substantial. As for whether it throws a wrench into the Jets' and Giants' plans, that's for their bankers to determine, as the two teams are currently set to be on the hook for all construction costs.
Posted by: Bertell Ollman at December 12, 2005 11:17 PM
Posted by: Felix at December 13, 2005 04:46 AM








