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Old 04-17-2012, 05:46 PM   #1
chad1
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Default Jeff Vanderbeek Speaks Out and Sets the Record Straight

Jeff Vanderbeek Setting the Record Straight on Cory Booker's Attacks
Star Ledger/Guest Columnist
April 17, 2012

Newark Mayor Cory Booker’s bitter, personal attack on me is something I can’t stop. He’s also called me a straight shooter and a lifelong friend. But that doesn’t matter either. Instead, what everyone must focus on are the facts he claims in his attack, and here, the mayor is so far off base that the record must be corrected.

First, the mayor has been in office nearly six years and, under his stewardship, the city continues to struggle. He has hit rough political waters as the state has determined that Newark’s budget must be approved by a state monitor before receiving additional taxpayer funding from Trenton.

Second, the mayor was, perhaps, focused on higher political ambitions when he told The Star-Ledger he’d ask friends to shoot him before running for a third mayoral term — and that was at the start of his current term. Even now, he is having trouble connecting in Newark, as evidenced by council members abruptly walking out of his most recent State of the City address.

Still, I suspect he will continue on his current course regarding Prudential Center, so his claims need to be carefully examined because his words affect others, such as those who work and visit The Rock. Let’s keep in mind there are nearly 1,400 dedicated, hardworking members of the Prudential Center team, almost half of whom live in Newark.

Along with my partners, we invested $185 million in partnership with the city to build Prudential Center. Ours is the largest private investment in the downtown core in Newark’s history. Of course, we signed a rent agreement to enable us to make this investment and build The Rock. In it, we made commitments to the city’s agent — the Housing Authority — and the city made commitments to us.

When the mayor initially took office, he asked us to modify the agreement and we consented. Before Prudential Center opened, he called a news conference and, with much acclaim, we signed a new agreement. To our surprise, months later, his staff informed us that, in fact, the Housing Authority had not signed the agreement. In other words, he had not only deceived us, but Newarkers as well.

But we tried again and again to reach an agreement. Indeed, a few years later, the mayor announced at a Prudential Center event that a deal was just a week away. But to our surprise, the mayor was unable to deliver on his publicly stated commitment. Again, he misled not just us, but Newark residents, too.

Then two years ago, the mayor’s administration initiated the arbitration proceeding and spent millions of taxpayers dollars to achieve the decision he now decries. Those millions could have been used to keep more police and firefighters on the job. And he doesn’t even take responsibility for his ill-fated decision. He simply hurls untruths, such as falsely accusing us of starting the arbitration.

What’s the damage done by his blatant disregard of a contract law decision? If you’re a business looking to invest here, be forewarned. The mayor will publicly call you his friend for life and then, when his legal strategy goes in a direction he can’t defend, he will turn on you, making life unpleasant for your valued employees and your customers.

But, let me assure our fans and supporters, we are here to stay. Like all Devils fans, I get my Jersey on every day. I was born here. I live here. I have invested heavily in Newark. So Mayor Booker, I take no offense.

Being a true product of New Jersey means standing up for your friends for life and understanding what telling the truth means. On that, I choose the company of Devils fans and will keep trying to make the Prudential Center — and Newark — the jewel everyone can enjoy and will benefit from.

Jeff Vanderbeek is chairman and managing partner of Devils Arena Entertainment.
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Old 04-17-2012, 06:10 PM   #2
RealNewark
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Default Checkmate Vanderbeek Again

Quote:
Originally Posted by chad1 View Post
Jeff Vanderbeek Setting the Record Straight on Cory Booker's Attacks
Star Ledger/Guest Columnist
April 17, 2012

Newark Mayor Cory Booker’s bitter, personal attack on me is something I can’t stop. He’s also called me a straight shooter and a lifelong friend. But that doesn’t matter either. Instead, what everyone must focus on are the facts he claims in his attack, and here, the mayor is so far off base that the record must be corrected.

First, the mayor has been in office nearly six years and, under his stewardship, the city continues to struggle. He has hit rough political waters as the state has determined that Newark’s budget must be approved by a state monitor before receiving additional taxpayer funding from Trenton.

Second, the mayor was, perhaps, focused on higher political ambitions when he told The Star-Ledger he’d ask friends to shoot him before running for a third mayoral term — and that was at the start of his current term. Even now, he is having trouble connecting in Newark, as evidenced by council members abruptly walking out of his most recent State of the City address.

Still, I suspect he will continue on his current course regarding Prudential Center, so his claims need to be carefully examined because his words affect others, such as those who work and visit The Rock. Let’s keep in mind there are nearly 1,400 dedicated, hardworking members of the Prudential Center team, almost half of whom live in Newark.

Along with my partners, we invested $185 million in partnership with the city to build Prudential Center. Ours is the largest private investment in the downtown core in Newark’s history. Of course, we signed a rent agreement to enable us to make this investment and build The Rock. In it, we made commitments to the city’s agent — the Housing Authority — and the city made commitments to us.

When the mayor initially took office, he asked us to modify the agreement and we consented. Before Prudential Center opened, he called a news conference and, with much acclaim, we signed a new agreement. To our surprise, months later, his staff informed us that, in fact, the Housing Authority had not signed the agreement. In other words, he had not only deceived us, but Newarkers as well.

But we tried again and again to reach an agreement. Indeed, a few years later, the mayor announced at a Prudential Center event that a deal was just a week away. But to our surprise, the mayor was unable to deliver on his publicly stated commitment. Again, he misled not just us, but Newark residents, too.

Then two years ago, the mayor’s administration initiated the arbitration proceeding and spent millions of taxpayers dollars to achieve the decision he now decries. Those millions could have been used to keep more police and firefighters on the job. And he doesn’t even take responsibility for his ill-fated decision. He simply hurls untruths, such as falsely accusing us of starting the arbitration.

What’s the damage done by his blatant disregard of a contract law decision? If you’re a business looking to invest here, be forewarned. The mayor will publicly call you his friend for life and then, when his legal strategy goes in a direction he can’t defend, he will turn on you, making life unpleasant for your valued employees and your customers.

But, let me assure our fans and supporters, we are here to stay. Like all Devils fans, I get my Jersey on every day. I was born here. I live here. I have invested heavily in Newark. So Mayor Booker, I take no offense.

Being a true product of New Jersey means standing up for your friends for life and understanding what telling the truth means. On that, I choose the company of Devils fans and will keep trying to make the Prudential Center — and Newark — the jewel everyone can enjoy and will benefit from.

Jeff Vanderbeek is chairman and managing partner of Devils Arena Entertainment.
How many times did he say Booker lied? Guess superman is a super liar. hahahaha
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Old 04-17-2012, 06:15 PM   #3
koolina
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Default

What's next Cory??? finally someone has the guts to call him out...to bad he doesnt go on MSNBC or CNN and tell his side of the story
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Old 04-17-2012, 09:03 PM   #4
Maximus Returns
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Default He'll ask for equal time...

And The Ledger will put his response on Page One.
Headline: "Heroic Mayor Fights Back Against Shady Businessman"
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Old 04-17-2012, 11:00 PM   #5
Make Newark Clean
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Default The Oligarch Has Spoken

Look! Whatever feelings hurt, the bottom line is that Newark should not have to pay one cent more for hosting the Devils.

The mayor is a little over the top in his zeal for Newark. And naive. I think the lesson learned here is what Al Green said to Ann Nesby in that classic club hit: Put It On Paper.

Booker is no dummy and Vanderbill is a solid businessman. Of course, he's committed to Newark. It pays well. What's unseemly is that a poor city would have to remit $600K to a wealthy man -- no matter who the mayor is. I call on Mr Vanderbeek to do the proper thing. Call a press conference and forgive the $600K. Cory is from Harrington Park. Newark was Newark before he was Newark. If you really claim all you say, Mr Vanderbeek, sir, do the right thing. Otherwise, it's all posturing. And frankly, Newark cannot afford the fact that you want to show the mayor up. Let the city off the hook.

Peace.

http://www.youtube.com/watch?v=X7ROcwVTVZk&feature=related
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