May 09, 2022
Landmark Auction: Meadowlands Racing and Ent.
Pick your favorite to win a race at the next Landmark coming soon to Upland! The address where Meadowlands Racing & Entertainment is located in Upland will be available for minting on Tuesday, May 10th at 11:00 AM PT! The Upland address is 1 Racetrack Drive, Rutherford, NJ and is only a short trip from Manhattan. If you’d like to purchase this property and stake your claim on this legendary horse racing track, head to the provided address at the given time when the property will unlock for minting.
The Meadowlands Racing & Entertainment Reverse Auction
Meadowlands Racing & Entertainment (also known as “The Big M” or the “Meadowlands”) is premier horse racing track that hosts the Hambletonian Stakes annually. Opened in the mid-1970s, the Meadowlands quickly became a popular attraction for New Yorkers looking to escape the bustling city and enjoy the excitement of horse racing.
"Bettors and non-racing fans alike can enjoy the exciting environment buzzing with live racing and sports action, as well as a calendar full of festivals, events, and family-friendly activities- complete with an array of indoor and outdoor dining options. Plan a thrilling night out or plan a party in one of our several unique event spaces that cater to private events of all sizes."
Fun Facts about Meadowlands Racing & Entertainment
- There are two racing tracks at the Meadowlands, one larger dirt oval and one smaller grass oval that is exclusively used for thoroughbred racing.
- In the middle of the race track, there is a lake that is designed to resemble the shape of New Jersey.
- The grandstands underwent a $110m renovation in 2013 and can seat over 2,200 people.
Price Analysis
In Upland, the Meadowlands Racing & Entertainment is located at 1 Racetrack Drive in Rutherford, NJ in the same sports complex as another historic stadium. This huge property checks in at an incredible 22,353 UP2! Had this property not been a landmark, the original minting price would be 3,017,655 UPX.
Based on landmark premiums, Meadowlands Racing & Entertainment's minimum suggested minting price has been estimated at 10,260,027 UPX. The starting price for this landmark will be 15,700,000 UPX, from which we will work our way down to the suggested mint price.
Price Reduction Schedule
Best of luck to all of our auction participants- may the best Uplander win!