Jets, Giants file lawsuit against American Dream developer
Jenny Vrentas @JennyVrentas
Jets, Giants file lawsuit against American Dream developer: In a lawsuit filed in state court in Bergen County,
The Jets and Giants have sued to halt any attempt at construction of the American Dream retail-and-entertainment complex, according to a report by NorthJersey.com.
In a lawsuit filed in state Superior Court in Bergen County, the football teams claim the stalled project's developer, Triple Five, never obtained their consent for a larger complex, according to the report, citing a 2006 agreement that requires consent if changes could adversely effect game days.
Triple Five, the owner of Minnesota's Mall of America, is trying to wrap up nearly $2 billion in financing to finish the project, the website said, which was approved by the New Jersey Sports and Exposition Authority in 2003 under the name "Xanadu."
The mega-American Dream complex is scheduled to have the first indoor snow park in North America, as well as a giant Ferris wheel, and an amusement and water park.