January 17, 2013
MINEOLA, N.Y. — The New York Cosmos, which was one of the world's best-known soccer franchises of the 1970s and was resurrected last year after nearly three decades of dormancy, proposed Wednesday to construct a 25,000-seat, privately financed stadium at Belmont Park racetrack.
Plans for the $400 million project were submitted last week to New York's Empire State Development Corp., which will decide later this year on how to develop the 400-acre racetrack property just east of New York City.
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