The pitch to build a $3 billion convention and event center in East Rutherford became clearer this week with the release of full-fledged design concepts, a financial analysis and the findings of key demand and traffic studies.
Owners Council Q&A: Lance Bergstein
The market has really ebbed and flowed over the last 12 months. There were spurts of positive progress coupled with deterrents. I think this recent rate cut will help the macro environment but many of the fundamentals have remained the same. As a whole, the country is in an interesting political environment, which is perhaps more impactful to the economy than raw economic data.
