TRENTON, N.J. (AP) — New Jersey’s sports authority chairman is stepping down.

The New Jersey Sports and Exposition Authority said Tuesday that Carl Goldberg has submitted his resignation.

Goldberg has been the authority’s chairman since 2003. His term expired last year, but he stayed on as a holdover appointment to aid efforts to revive the stalled Xanadu retail and entertainment complex in the Meadowlands.

The sports authority operates the Meadowlands Racetrack and the Izod Center sports arena. It owns Monmouth Park racetrack and the Atlantic City and Wildwood convention centers.

It has seen its fortunes slump in recent years with the New Jersey Nets and New Jersey Devils leaving the Meadowlands for Newark and the Xanadu project derailed by financing problems.

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