Stadium to help New York Olympic bid
The New York Jets, who have been playing across the Hudson River in Giants Stadium in East Rutherford, N.J., for 19 years, are expected to announce in the next two months that it will build a $1 billion, retractable-dome stadium on Manhattan's West Side, according to BusinessWeek.
The stadium would be a big boost to New York's bid to host the 2012 Olympics.
Under owner Robert Wood "Woody" Johnson IV, an heir to the Johnson & Johnson fortune, the Jets will pay for the bulk of the project, ...
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