The Newark Housing Authority, which serves as the city’s agent in its dealings with the Devils and the Prudential Center arena, filed suit seeking to have a hotly contested agreement on the sharing of parking revenues be declared null and void.
At the same time, the Devils filed for immediate arbitration to resolve a litany of contract disputes that have tied up rent payments to the city for nearly three years.
The exchange left it clear that the once-close partners were done talking.
Devils, Newark Housing Authority abandon negotiations
Started by thelastonealive, Jun 15 2010 07:19 PM
2 replies to this topic
#1
thelastonealive
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Posted 15 June 2010 - 07:19 PM
http://www.nj.com/ne...g_authorit.html
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#2
DevsMan84
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Posted 16 June 2010 - 11:15 AM
Didn't JVB say a couple of weeks ago or so that the 2 sides were very close to an agreement and everyone on here believed him? lol Sorry but I saw this coming from 100 miles away.
#3
newarkdev01
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Posted 16 June 2010 - 02:39 PM
Interesting is that the agreement touched on the land acquisitions which I didn't realize were part of the lease.
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