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Colony Capital

The Xanadu entertainment complex and the Izod Center are seen at the Meadowlands from Chopper 880 - East Rutherford, NJ - Jul 21, 2010 - Photo: Tom Kaminski / WCBS 880

Public Pensions Lose Big In Xanadu Investments

The stalled Xanadu retail and entertainment complex in the Meadowlands has been more than an unfinished eyesore for New Jersey. For public pensions that invested in it, it’s been a serious money drain.

2010/12/19

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