Regrettable but True: Nets Move Makes Sense
The Record, Bergen County, NJ › January 28, 2004
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Summary
SELLING THE NETS basketball team and moving it from the Meadowlands to Brooklyn makes sense for the owners, the team, and Brooklyn, assuming the deal goes through as planned. I regret that conclusion, but I find it inescapable.
The owners will double their $150 million investment. Brooklyn will get a major professional sports franchise, something it has not had since the Dodgers decamped for California half a century ago.See the full content of this document
Extract
Regrettable but True: Nets Move Makes Sense
The new arena, designed by Frank Gehry of Bilbao Museum fame, will be surrounded by an architecturally distinguished complex of office, apartment, and retail buildings at the intersection of Flatbush and Atlantic avenues, an important but underused site served by...
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