NEWARK, NJ–T City of Newark Essex County Essex County Improvement Authority sell the Bears & Eagles Riverfront Stadium , 450 Broad Street , to Lotus Equity Group for $23.5 million . allows the City and County to increase taxable space and relieve the taxpayers of the stadium's current $4 million annual debt-service obligation. University Heights Newark Mayor Ras J. Baraka Lotus City of Newark Essex County Essex County Improvement Authority Bears and Eagles Stadium Essex County Executive Joseph N. DiVincenzo, Jr. Lotus Ben Korman, founder of Lotus Equity Group NEWARK, NJ–T City of Newark Essex County Essex County Improvement Authority sell the Bears & Eagles Riverfront Stadium , 450 Broad Street , to Lotus Equity Group for $23.5 million . allows the City and County to increase taxable space and relieve the taxpayers of the stadium's current $4 million annual debt-service obligation. University Heights Newark Mayor Ras J. Baraka Lotus City of Newark Essex County Essex County Improvement Authority Bears and Eagles Stadium Essex County Executive Joseph N. DiVincenzo, Jr. Lotus Ben Korman, founder of Lotus Equity GroupNOT FOR REPRINT
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