million over the course of several years as a bribe or extortion to maintain Ferriero's political support for their development bid on the Xanadu project against rivals Hartz Mountain Industries. James Dausch, a former Mills Corporation employee testified that the $1.7 million was paid for Ferriero's consulting, not as a bribe. Dausch's testimony detailed much of the development bid process, including paid lobbyists positioning Mills with Governor Jim McGreevey, then Governor Richard Codey, as well as with Senator Robert Menendez. In April 2015, Ferriero was found guilty on five counts, but not on the Mills Corporation racketeering charges. The State of New Jersey, through the New Jersey Sports and Exhibition Authority, issued $1.15 billion in tax-free bonds to support the project. These unrated bonds yielded 6.625% when first issued. They were part of a suite of tax concessions negotiated with the state and the City of Hackensack. See also Patriot Place Titletown District List of the world's largest shopping malls List of largest shopping malls in the United States American Dream Miami References External links Lyne, Jack (2006). $1.3B, 4.8MSF Xanadu Project Will Transform 'Swamps of Jersey'. Site Selection. Douglass, David (October 5, 2004). "Meadowlands Xanadu Unveils First Wave of Major Tenants, Consumer Brands and Entertainment Experiences". Business Wire Ma, Myles (June 19, 2012). "American Dream Meadowlands shopping center may not be open for 2014 Super Bowl in New Jersey". NJ.com. Meadowlands Sports Complex East Rutherford, New Jersey Shopping malls in New Jersey Buildings and structures under construction in the United States Buildings and structures in Bergen County, New Jersey Tourist attractions in Bergen County, New Jersey Shopping malls established in 2019 Shopping malls in the New York metropolitan area 2019 establishments in New Jersey