Meadowlands reduces stall rent charge

The Meadowlands, which announced it would start charging stall rent in 2009, has now agreed to cut the rate in half.

Effective January 1, the stall rent fee structure will be a flat monthly rate of $125 per stall, according to NJSEA Senior Vice President for Racing Lennon Register. The fee is payable on the 10th of each month with no credits for partial month's usage.

The SBOANJ reached this agreement with the New Jersey Sports & Exposition Authority after the initial announcement was made two weeks ago that the fee would be $250 per month with refunds of $50 per start per stall.

“While we would have preferred that the Meadowlands continue to offer free stalls, it was clear that the alternative was to close the stable area,” said SBOANJ President Tom Luchento. “The original fee structure was quite cumbersome but this flat fee is a fair alternative.” (SBOA/NJ)

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