NJ signs 30-year lease to save Meadowlands track

A New York real estate developer has signed a long-term deal that will ensure harness racing will continue at the Meadowlands Racetrack.Gov. Chris Christie announced

TRENTON - A New York real estate developer has signed a long-term deal that will ensure harness racing will continue at the Meadowlands Racetrack.

Gov. Chris Christie announced the deal with Jeffrey Gural yesterday.

Gural owns Tioga Downs and Vernon Downs in upstate New York and two horse farms.

Christie has sought to end public subsidies of New Jersey's horse racing industry and have tracks run by private operators.

The governor also announced an agreement between the state and its Thoroughbred Horseman's Association to run a full schedule of races at Monmouth Park in 2012 without subsidies to racing purses. The state is still seeking a private operator for the Monmouth County track.

Meadowlands horse racing may

advertisement | advertise on News 12

Trending Video

VIDEO: Interview with mother of transgender girl 1 VIDEO: Interview with mother of transgender girl
VIDEO: News conference on Chatham helicopter crash 2 VIDEO: News conference on Chatham helicopter crash
The Kid's First Adventure day care center accidently 3 Newark day care leaves toddler behind after field trip
A small helicopter made a hard landing in 4 Helicopter wrecked after hard landing in Chatham
A gas explosion leveled a home in Stafford 5 Authorities determine cause of Stafford gas explosion

advertisement | advertise on News 12

Features

It's good to know you have Walt Kane Kane in Your Corner

It's good to know you have Walt Kane in your corner.

News 12 takes a look at the hottest Tech Check

Eric Landskroner has a look at the latest gadgets and biggest stories in tech.

News 12 On the Scene

Check out these exclusive videos from New Jersey celebs!

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE