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 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

sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 20 view limit
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please login or create an account to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."