• April 16, 2014
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Queens Chronicle

MLS to Queens? Stop by Harrison, NJ first

Stadium didn’t bring boom times to Jersey town; could harm FMCP

Welcome to the discussion.

2 comments:

  • joeyT posted at 3:45 pm on Sun, Feb 10, 2013.

    joeyT Posts: 0

    Yeah, this comes off as a hit piece. Even if the diagnosis of the Harrison deal is right --(and I think it's way off: basically, Harrison made a huge bet on a REAL ESTATE deal along with a soccer stadium, and it's the real estate deal that flopped, not the stadium. Then to keep afloat, they jacked up the property tax on the stadium, and the stadium withheld payment for a while in dispute of the charges. They lost the appeals, now they're paying)--it's still apples-to-oranges to this deal, where neither NYC nor Queens nor any public entity will have to borrow a red cent to worry about.

     
  • jerichowhiskey posted at 1:44 pm on Thu, Jan 31, 2013.

    jerichowhiskey Posts: 2

    Actually Harrison in the end won the appeal and Red Bull have paid all taxes owed in that court case, so in a way they did win. BIG. That money is going a long way to paying the town's debt. Also buildings are being torn down and being built. In fact there's a building in front of Red Bull Arena that is being constructed. Also PATH has approved last year the renovation of the station so things are happening there albeit slowly.