The developer seeking to complete the American Dream Meadowlands project is moving ahead with plans to seek $1.15 billion in bonds for the project, now that an opposition group has agreed to drop its challenge.
A state appeals court has ruled in favor of the state’s efforts to complete the American Dream Meadowlands project, dismissing a challenge to a $1.15 billion bond issuance that would help a developer resume construction at the stalled retail and entertainment complex.
The fight over a $1.15 billion bond sale that would help a developer complete the stalled American Dream Meadowlands project is now in the hands of a state appeals court.
A state authority has amended two resolutions that will allow a developer to seek more than $1 billion in bonds to help it complete the sprawling American Dream Meadowlands project.
