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N.Y. state economic development agency approves proposal

Updated: November 4, 2004, 5:18 PM ET
Reuters

NEW YORK -- A proposal for a $1.4 billion stadium for the New York Jets professional football team inched ahead on Thursday as the Empire State Development Corp., the state's economic development agency, approved a general plan for the project.

The proposed stadium on Manhattan's West Side, which would also double as expanded convention space next to the Jacob Javits Convention Center, still faces many hurdles before fans can root from a stadium along the Hudson River's shoreline.

The ...

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