NEWARK,NJ–TCity of NewarkEssex CountyEssex County Improvement Authoritysell theBears & Eagles RiverfrontStadium,450 BroadStreet, toLotus EquityGroupfor $23.5 million.allowsthe City and County to increase taxable space and relieve thetaxpayers of the stadium's current $4 million annual debt-serviceobligation.University HeightsNewarkMayor Ras J. BarakaLotusCity of NewarkEssex CountyEssex CountyImprovement AuthorityBears andEagles StadiumEssex CountyExecutive Joseph N. DiVincenzo, Jr.LotusBen Korman,founderofLotus Equity GroupNEWARK,NJ–TCity of NewarkEssex CountyEssex County Improvement Authoritysell theBears & Eagles RiverfrontStadium,450 BroadStreet, toLotus EquityGroupfor $23.5 million.allowsthe City and County to increase taxable space and relieve thetaxpayers of the stadium's current $4 million annual debt-serviceobligation.University HeightsNewarkMayor Ras J. BarakaLotusCity of NewarkEssex CountyEssex CountyImprovement AuthorityBears andEagles StadiumEssex CountyExecutive Joseph N. DiVincenzo, Jr.LotusBen Korman,founderofLotus Equity Group
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