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EVENT REPORT

The Sky Box Is Still the Limit: Part 2

January 31, 2001, 12:00 AM EST

Three more sky box venues:

Shea Stadium
Price: $125,000 to $225,000 per year for 15-person suites or $310,000 to $390,000 for 30-person suites.
What that gets you: Admission to Mets games and parking passes but that's about it--Shea Stadium hasn't hosted other events since 1994. The stadium provides catering through Aramark for an extra fee.
Who has them: Banks and financial and insurance companies.
Availability: Shea has 42 15-person suites and four 30-person suites. Ninety percent of them are leased on a yearly basis. For a single game, the 15-person suites cost $3,000 to $12,000, and the 30-person suites run from $6,000 to $20,000. (It depends who's playing.)
The scoop: There are no suites directly behind home plate (blame the architect), so the best ones are over the infield. Prices drop as you move farther from home plate.

Arthur Ashe Stadium
Price: $100,000 and up per year, depending on suite location and size.
What that gets you: Admission to the U.S. Open for two weeks in August. The stadium's in-house caterer provides catering for an additional fee.
Who has them: PaineWebber and U.S. Open sponsors Lincoln, MassMutual, Chase Manhattan Bank, CBS and USA Networks.
Availability: When the stadium was built in 1997, corporations and individuals leasing luxury suites were given the option of a three-, four- or five-year lease. Most chose five, which means many of the suites will be up for renewal after this year's Open.
The scoop: Those suites not renewed for 2002 will go to corporations or individuals on the stadium's lengthy wait list. There are also plans to refurbish the suites for the 2002 Open.

Belmont Park
Price: Starts at $45 per person on regular race days and $325 per person for the Belmont Stakes, the third race of the Triple Crown and the biggest racing event in the area. (This year it's on June 9.)
What that gets you: Access to the Belmont Marquee, an enclosed 60- by 120-foot permanent tent structure that features its own private entrance, large-screen television monitors, restrooms, staffed betting windows, a full bar and seating for as many as 300 people. In addition to a catered buffet meal, guests have access to reserved seating trackside.
Who rents it: Lehman Brothers has rented the Marquee on the day of the Belmont Stakes since it was constructed two years ago.
Availability: Weekend races fill up first, while weekdays are more available. The racetrack is open Wednesdays through Sundays from May through late July and from right after Labor Day until the end of October.
The scoop: In addition to the Belmont Marquee, the racetrack leases Trophy Suites--fully enclosed portable skybox units--on Belmont Stakes day. Prices start at $170 per person with a 40-person minimum; that includes an open bar, catered meal and stadium seating (two users: IBM and Visa). Both Belmont Park and the Aqueduct Racetrack (the winter facility in Jamaica, Queens) also lease private banquet rooms that overlook the racetracks.

Back to Part 1 of this report

Posted 01.31.01

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