NY Jets Awarded Stadium Rights in Manhattan
Reuters
Mar 31, 2005 — NEW YORK (Reuters) - The New York Metropolitan Transportation Authority on Thursday awarded the National Football League's Jets the right to build a stadium on property the transportation agency owns on Manhattan's West Side.
The Jets' $720 million bid to build above MTA rail yards was chosen over a $760 million offer from Cablevision Systems Corp. and a $1.05 billion bid from TransGas Energy Systems, helping boost the city's chances of hosting the 2012 Olympics.
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