State issues subpoenas for Newark land purchase
Posted by the Asbury Park Press on 01/17/07
ASSOCIATED PRESS
NEWARK The state Attorney General's office wants more details about
how state transportation money was used to buy land in downtown
Newark for a new NHL hockey arena under construction.
The Attorney General's office has issued subpoenas to the Newark
Downtown Core Redevelopment Corp. about land purchased near the new
Devils arena, The Star-Ledger of Newark reported in Wednesday's
newspapers.
William Crawley, who heads the redevelopment agency, told the
newspaper he doesn't know why the state wants the records.
A spokesman for the Attorney General's Office said Wednesday the
office could not comment.
Under former Mayor Sharpe James, Newark received a $30 million grant
from the state transportation department to improve roads around the
arena.
In question is why the city used $3.45 million to purchase a parcel
of land, most of which is being used for the arena footprint and not
for street widening, the newspaper reported.
The $375 million arena is expected to open in October for the 2007-
2008 season. The city has agreed to pay for $210 million, and the
Devils will pay for cost overruns.
Last week, Prudential Financial Inc. announced a deal to pay $105
million for naming rights to the arena, called the Prudential Center.
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