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Jeff Gural and<br />

The Big Deal<br />

ELIZABETH BICK


in focus<br />

by Elizabeth Bick<br />

History<br />

Entwined<br />

The famed Flatiron Building is<br />

as important to Jeff Gural and<br />

his family as it is to New York<br />

City. Built in 1902, the Flatiron<br />

Building is not only one of the<br />

city’s first skyscrapers, it has<br />

become an architectural treasure.<br />

The landmark structure<br />

located at the intersection of<br />

Broadway and 5th Avenue has<br />

long been in the Gural family,<br />

so to speak. Jeff’s great<br />

uncles Aaron, Maurice and<br />

Leon Rabinowitz operated the<br />

Spear company, which later<br />

merged with Harry Helmsley to<br />

form Helmsley-Spear, which<br />

owned the Flatiron Building<br />

starting in 1946. Jeff’s father,<br />

Aaron Gural, worked for his<br />

uncles at the Spear company<br />

before joining Newmark and<br />

Company in 1953. Under the<br />

leadership of Jeff Gural,<br />

Newmark Knight Frank<br />

purchased the Flatiron building<br />

in 1997, selling a majority interest<br />

in it to the Italian company<br />

Sorgente Group in 2009. The<br />

building is a National Historic<br />

Landmark (bestowed in 1989),<br />

on the National Register of<br />

Historic Places (1979) and is<br />

recognized as a New York City<br />

landmark (1966).<br />

4 T H E C A N A D I A N S P O R T S M A N MARCH 17, 2011


The<br />

Accidental Saviour<br />

As the deadline looms for JEFF GURAL to complete<br />

a deal to acquire the Meadowlands Racetrack from the state<br />

of New Jersey, a day in the life of the Manhattan real estate mogul<br />

reveals who he is and why the hell he’s bothering.<br />

by Dave Briggs<br />

The corner office with the ostentatious Manhattan address says less<br />

about Jeff Gural than the trinkets lining the walls and filling virtually<br />

every inch of the wide windowsills. Here in this pragmatic space<br />

overlooking the heady juncture of Park Avenue and 42nd Street, the personal<br />

effects are a testament to Gural’s deepest passions: children, horses,<br />

charity, skyscrapers and politics, mostly, with a little bit of Mets and Jets<br />

thrown in for good measure.<br />

Gural takes periodic swigs from a bottle of water as Jules Felix-<br />

Coutan’s huge clock sculpture looms at eye level to his right across 42nd<br />

St. on the facade of the Grand Central Terminal. The 50-foot sculpture features<br />

the Roman Gods of strength, speed and wisdom. Gural could use all<br />

three in his quest to acquire the Meadowlands Racetrack from the state of<br />

New Jersey.<br />

The 68-year-old bearded mogul calls the venture the biggest challenge<br />

of his life. That’s saying plenty given the headaches Gural’s had owning<br />

Vernon Downs, leading the successful charge to bring slot machines to racetracks<br />

in New York and being at the forefront of the growth of Newmark<br />

Knight Frank into one of New York’s elite real estate powers.<br />

It is the morning after the Super Bowl and Gural is already quarterbacking<br />

a two-minute drill with the better part of two months to go until March 31<br />

when his rights to negotiate a deal to lease the Meadowlands from the state<br />

of New Jersey are set to expire.<br />

“It’s really the first time I’ve ever tackled something where I didn’t know<br />

what the end result was going to be,” Gural said. “In the past, I pretty much<br />

knew I would get to the finish line, because I’d find a way to borrow the<br />

money or I’d sign personally. But this, I’m not signing personally. I don’t have<br />

$75 million (later upped to $100 million) of my own money to put into this.<br />

I would have to sell buildings and my wife is not letting me do that. It’s a<br />

real challenge.”<br />

Gural is the chairman of Newmark Knight Frank, reportedly the<br />

largest property manager and/or leasing agent in New York City with nearly<br />

50 million square feet in its portfolio. In New York, the company manages<br />

22 T H E C A N A D I A N S P O R T S M A N MARCH 17, 2011


On the roof of the famed<br />

Flatiron Building.


some 150 buildings, owning about 40 of them. Worldwide, Newmark Knight<br />

Frank employs over 7,000.<br />

A world-class multi-tasker, Gural deftly juggles business, philanthropy,<br />

politics and — more than anything else in his inbox these days — harness<br />

racing. His schedule would make many younger men cry “no mas.”<br />

But he couldn’t do it without Theresa Marino and Marianne Marcucci,<br />

his two personal assistants a short bellow away from his open office door<br />

or in constant communication via cell phone when he’s on the move.<br />

Beyond virtually scheduling Gural’s every move, Marino and Marcucci<br />

print out the emails and steadily place them on Gural’s desk throughout the<br />

day. Despite the deluge, he’s a stickler for trying to return every phone call<br />

and answer every email by either jotting down a quick response on each<br />

printout, or dictating longer ones to be fired back. In the midst of a moderately-hectic<br />

day of meetings, appointments, phone calls and fires to put<br />

out — Marino insists it’s “a slow day” — Gural has the presence of mind<br />

to dictate a frank message to the industry. The point of the memo is to<br />

encourage horsepeople to make their Feb. 15 stakes payments despite also<br />

mentioning the sobering fact the Meadowlands handle was off 20 per cent<br />

at that point (it’s been much better, of late).<br />

The docket on this day includes: meeting with a group wishing to be hired<br />

to help Gural lobby the New York State legislature, a meeting with representatives<br />

of a tote company Gural is hoping will invest in the Meadowlands,<br />

a brief meeting with a real estate partner, playing peacemaker in an intraoffice<br />

squabble over which employee gets which office and a number of<br />

phone calls, including one with a U.S. Senator from Florida.<br />

For lunch, Gural dashes off to a restaurant in a swanky New York hotel<br />

to meet with Democratic Congresswoman Nancy Pelosi, the Minority Leader<br />

of the House. Until the Republicans regained control of the House in the<br />

November 2010 elections, Pelosi was the Speaker of the House, second in<br />

line to the presidency and the highest ranking female politician in U.S. history.<br />

After lunch, Pelosi, a Baltimore native, even spends a moment<br />

spinning warm memories of her father’s fondness for going to Rosecroft and<br />

Ocean Downs in his later years despite deploring gambling as a younger man.<br />

Her father, Thomas D’Alesandro, Jr., was a U.S. Congressman and then mayor<br />

of Baltimore from 1947 to 1959.<br />

Gural, a Democrat, is something of a political junkie. In his office are<br />

pictures of him with Pelosi, him with President Barrack Obama, him with<br />

former President Bill Clinton. A photo of New York Governor Andrew<br />

Cuomo is one of a few indications Gural is a friend, making the idea of hiring<br />

lobbyists to work the government halls in Albany seem unnecessary.<br />

“This is my favourite picture in the whole office,” Gural said with a glint<br />

in his eye, beckoning his visitor to look closely at a small frame on the wall<br />

near his desk. It’s a shot of Gural seated behind the desk in the Oval Office.<br />

Such photos are a big no-no, Gural said.<br />

“Which administration?” he’s asked.<br />

“Clinton.”<br />

Until very recently, Gural was much less connected in New Jersey.<br />

When he contacted Governor Chris Christie’s office in hopes of helping<br />

the Standardbred Breeders and Owners Association of New Jersey<br />

(SBOANJ) secure the rights to the Meadowlands, Gural was told he could<br />

indeed talk about a possible deal, so long as he could get to Trenton, NJ<br />

immediately with a cheque for $3 million to cover potential losses at the<br />

track until March 31. Otherwise, he was told, the closure of the track would<br />

be announced that night. A short time later, an embarrassed staffer who obviously<br />

checked into Gural’s background, called back to apologize and tell<br />

Gural that Governor Christie would be delighted to meet with him the next<br />

morning. No cheque was necessary. The next day, not long after they met,<br />

Gural and Christie held a joint press conference to announce Gural’s intention<br />

to work with the SBOANJ to secure the rights to the track.<br />

Just like that, Jeff Gural became what he calls “an accidental saviour.”<br />

His son, Eric Gural, the executive managing director at Newmark Knight<br />

Frank, said his father’s interest in politics has a practical and noble goal.<br />

“He wants to help the world... He wants to be bigger than his one vote,”<br />

Eric said. “He has a lot of contact with people who aren’t as fortunate as<br />

him. He understands their lives are harder than his. He tries his best to help<br />

them. I think that’s how he sees it.”<br />

When Jeff Gural was asked to be the vice-president of the Starlight<br />

Foundation of New York, he was told the president was fully<br />

entrenched as the head of the charity that aids seriously ill children.<br />

Fine by Jeff. He was happy to help, but he had plenty on his plate<br />

already. A few months later, the president resigned. “I think that’s over 20<br />

years ago,” Eric Gural said. Jeff has been president ever since.<br />

“Starlight has really become a passion for him... That organization has<br />

grown substantially and their mission has developed even further. The scope<br />

of what they do is much better. It’s really been incredibly successful. I remember<br />

when there used to be maybe 20 tables or 40 tables (at fundraisers). Now,<br />

you’re talking about 1,000 people in the room. It’s really an amazing event.”<br />

Many of the photos in Jeff’s office are of him with children from the<br />

Starlight Foundation. “It’s not just financial. He personally gets involved<br />

in a lot of charity work that he does. That really says a lot about him,” Eric<br />

said.<br />

Through the I Have A Dream Foundation, Jeff has sponsored not one,<br />

but two groups of underprivileged children — mentoring, tutoring, counseling<br />

and supporting them from elementary school through college. Beyond<br />

contributing nearly half of the $3.2 million needed to help steer the current<br />

crop of some 80 Grade 7 and 8 students to a college education, Jeff gets<br />

personally involved with the kids’ lives.<br />

He’s involved with about 20 other philanthropic efforts, including The<br />

Broadway Association — Jeff’s a theatre lover — and The New School, a liberal<br />

arts university in New York. On the day he’s being shadowed by a<br />

reporter, Jeff attends a board of governor’s meeting at the university located<br />

in Greenwich Village. The mandate of the school is to bring “positive change<br />

to the world,” which is in line with Jeff’s thinking.<br />

Walking out of the school, stepping over snow banks on the way to his<br />

car as dusk envelops the city, Jeff speaks passionately of the responsibility<br />

and moral obligation people with wealth have to help others.<br />

Eric said his father has established an incredible climate of giving at<br />

Newmark Knight Frank.<br />

“He gets right into it,” Eric said. “He shows up and gives back. I think<br />

that’s something that’s very important. He’s instilled that in a lot of the people<br />

here. We continue to rent space to charities and participate in some of<br />

their fundraising. That’s very important to him.”<br />

Philanthropy is a running theme in Jeff’s life that also speaks to his other<br />

passions.<br />

“A lot of it has to do with kids and education and helping kids. I think<br />

that’s a very important thing to him,” Eric said. “He certainly doesn’t do it<br />

to be well known. That’s not his goal. You’ll never see him hiring a PR agency<br />

to do any kind of promotions on him personally, obviously, outside of promoting<br />

harness racing. He certainly does that, but he doesn’t really do<br />

anything to promote himself.”<br />

24 T H E C A N A D I A N S P O R T S M A N MARCH 17, 2011


MICHAEL LISA PHOTO<br />

Jeff Gural may hobnob with the political and business elite, but that’s<br />

more a function of the job. The man carries few pretensions. People in<br />

harness racing know this best, where Jeff can be lovably scruffy.<br />

“He may have tremendous stature and political clout in Manhattan, but<br />

when he takes the suit and tie off, he’s just a regular guy,” said Bob Marks,<br />

marketing director for Perretti Farms in New Jersey and a man who has<br />

known Jeff for about 25 years. “Just the other day I saw Jeff Gural walking<br />

around Sunshine Meadows (training centre in Florida) in a pair of shorts<br />

just the way he always is. He’s very unassuming.”<br />

Dave Stolz was in Grade 7 when he moved from the Bronx to Long Island<br />

and met Jeff Gural. That was nearly 60 years ago and the two are still close<br />

friends. Stolz said Jeff hasn’t changed at all in that time. It’s a statement confirmed<br />

by another close friend, Art Geiger, and just about anyone who has<br />

known Jeff for even a modest amount of time.<br />

“Jeff Gural has always been the same person no matter who talks to him.<br />

He’s never changed,” said Anthony Perretti, manager of his father’s Perretti<br />

Farms and a man who has seen Jeff in action a lot lately in conjunction with<br />

the SBOANJ. “When he walks in the governor’s office, it’s the same directness<br />

as if he’s talking to the horsemen or talking as a breeder or sitting down<br />

in the OTW... Everybody can always rely on the fact that he’ll tell you how<br />

he feels, he’ll tell you directly and he’ll absorb the information and try to<br />

get a collaborative effort with everybody in the industry.”<br />

Jeff surrounds himself with people with an abundance of character.<br />

Conversely, he abhors cheaters, bullcrap artists, the selfish or greedy. It doesn’t<br />

take much to get him ranting about those exhibiting some or all of those<br />

qualities in the harness racing game.<br />

Yet, “he’s very fair and his word is his bond,” said son Eric. “The wonderful<br />

thing is those are things people can count on... He’s accountable. When<br />

he tells you he’s going to do something, he does it.”<br />

It is one of many lessons Jeff learned from his father, Aaron, who joined<br />

Newmark and Company in 1953 and worked his way to the top (the company<br />

merged with London, UK-based Knight Frank in 2006). Aaron Gural<br />

died in March of 2009. He was 92.<br />

On the beam that intersects the windows fittingly overlooking the prime<br />

real estate of Park Avenue and 42nd Street in Jeff’s office, Aaron’s lengthy<br />

obituary in the New York Times hangs in a simple black frame facing north<br />

down Park Avenue.<br />

Jason Settlemoir can attest to Jeff being true to his word. When he was<br />

hired five years ago at the age of 28 to run Jeff’s two New York racetracks<br />

— Vernon Downs and Tioga Downs — he asked if Jeff would sign a contract.<br />

Jeff, who seldom signs for anything personally — it’s another lesson<br />

he learned from his father — declined.<br />

“He said, ‘I’m not going to sign a contract, but I’ll promise you something,<br />

If you come to work for me and things work out, you’ll never have<br />

to worry about anything. I came to work for Jeff in January of 2006 and from<br />

that point forward, Jeff has been true to his word in shaking my hand and<br />

saying this to me,” Settlemoir said. “He’s taken great care of my family and<br />

I. Jeff is one of those people that you can trust and there’s not too many people<br />

that you find like that.”<br />

Jeff is also tremendously loyal, said a long string of friends and associates.<br />

“I tell you what kind of a guy he is: He’s had one trainer (Bob Bencal)<br />

for 35 years,” said Hall of Famer Bill O’Donnell. “That’s pretty rare in this<br />

day and age.”<br />

Jeff used to own horses with famed New York restaurateur Arthur Cutler.<br />

In 1997, Cutler died in his sleep of a heart attack at age 53. About three weeks<br />

later, a two-year-old trotting filly Cutler owned with Jeff and Geiger named<br />

Cyclone Annie pulled off a 9-1 upset in a $100,000 New Jersey Sires Stakes<br />

final at the Meadowlands. It was the only race Cyclone Annie ever won. Many<br />

of Cutler’s family and friends were at the race that night. “That was such<br />

a weird moment because everybody was standing there crying. Everybody<br />

was upset, but happy. It was just a very powerful moment,” Geiger said.<br />

“From that moment on, Arty (Cutler’s) wife, Alice, and Jeff decided to make<br />

a race for Arty at the Meadowlands, which is the Arthur Cutler. It was a very,<br />

very poignant moment in all of our lives.”<br />

Jeff even helped fund the race. Fourteen years later, it’s an annual can’tmiss<br />

event for Jeff, Geiger, the Cutler family and many friends.<br />

“Jeff has been a wonderful friend,” Geiger said. “He’d do anything in the<br />

world for you and he’s just a straight up guy that cares about his friends and<br />

the things he’s after.”<br />

MARCH 17, 2011<br />

T H E C A N A D I A N S P O R T S M A N<br />

25


Most people break in their license by going on a date. Jeff Gural<br />

loaded seven friends into a 1955 Chrysler and went to Roosevelt<br />

Racetrack. Dave Stolz was one of them. “The Chrysler was a big<br />

car, but there wasn’t enough room for eight guys. At any rate, we went there<br />

and we immediately lost all of our money,” Stolz said.<br />

They had just enough money left to buy pretzels on the way out.<br />

Invariably, the group was losers much more than they were winners at the<br />

windows. From that first night on, the parting pretzel became known as the<br />

eat-your-heart-out pretzel.<br />

“They’d let you in for the last two races for free, if you didn’t want to<br />

pay the $2. Someone would give you a program for free,” Jeff said. “So, we<br />

were guys that were going to the track with $10. We saved the $2 to get in,<br />

the $2 to park and we saved the $2 for a program. So, to us, by going for<br />

just two races, we were $6 ahead. I would bet a $4 combo. If I won, I bet<br />

a $10 combo in the last race and we’d go home. We would have nothing<br />

but fun. We would have a ball. We’d sit in the car, bulls_ _ _, eat our hearts<br />

out on a pretzel.”<br />

Perretti Farms’ Bob Marks didn’t know Jeff Gural then, but he has no<br />

doubt they unknowingly crossed paths in the days when harness racing<br />

played to massive crowds nightly in New York City. “Jeff comes from our<br />

school, if you want to use the term. The old Roosevelt and Yonkers school...<br />

He knows precisely what racing should be,” Marks said.<br />

Geiger was from the old Roosevelt and Yonkers school, too, but he became<br />

a friend of Stolz and Jeff’s later when he met Jeff in the late-1960s in a bungalow<br />

colony in the Catskills when Monticello Raceway had become the<br />

their track of choice.<br />

Sadly, their wives and children didn’t take to the races with the same<br />

enthusiasm. “Our wives have had more than enough of harness racing, as<br />

have our kids,” Geiger said.<br />

Eric Gural doesn’t argue. “One of the best things that ever happened to<br />

me as a kid is when they put a playground in at Monticello, because that<br />

meant I didn’t have to watch all 10 races. I got a chance to go on the swings,”<br />

Eric said, despite insisting he has much more interest in harness racing than<br />

his brother Roger and sister Aileen.<br />

Yet, to this day, Jeff, Stolz and Geiger still frequently meet up at Tioga<br />

Downs — “It’s like you’re at summer camp,” Stolz said — and make an<br />

annual trip to the Little Brown Jug. They stay with Stolz, who lives in<br />

Columbus, OH. As much as anything, the Jug trip is a commemoration of<br />

their endearingly-degenerate youths.<br />

“When we went to Yonkers and Roosevelt as kids, it was mobbed. If you<br />

wanted to get a good seat in the dining room as we got older, you had to<br />

have reservations a week in advance and a big tip for the maitre d’. Now<br />

you can walk into any of these places any time and no one’s there,” Geiger<br />

said. “So, the Jug sort of preserves the crowd. Just the idea of going around<br />

and enjoying the atmosphere and eating food that our wives would kill us<br />

if they knew what we were eating.”<br />

Though they had all moved on in life by the time Roosevelt closed in 1988<br />

and insist the death of one of harness racing’s greatest venues wasn’t the least<br />

bit traumatic, Jeff Gural, Dave Stolz and Art Geiger are adamant about one<br />

thing: “We certainly don’t want to see it happen again,” Geiger said.<br />

Jeff Gural hasn’t changed his personality or his tune. He still insists, as<br />

he has for many moons, that harness racing is going to die unless there’s<br />

a radical change to how business is done, which is extremely unlikely.<br />

How could one conclude otherwise given the sharp decline in handle, attendance<br />

and the dearth of young people at the track?<br />

“Maybe our customers are really dying off fast. It’s entirely possible when<br />

you read these statistics that a thousand World War II veterans die every<br />

day,” Jeff said.<br />

Perhaps harness racing has 20 years left as things stand, he reasons. But<br />

take the Meadowlands out of the equation and Jeff believes the industry dies<br />

much, much faster. What’s to stop other governors and premiers from following<br />

Governor Chris Christie’s lead or the example of Quebec premier<br />

Jean Charest? Saving the Meadowlands is the one issue that has galvanized<br />

the industry and reached nearly-unanimous consensus.<br />

“Everybody agrees we’ve got to try to save it. There’s no question about<br />

that. It’s probably the only thing the industry does agree on,” Jeff said,<br />

explaining the Meadowlands is basically the only track left with large enough<br />

pools to attract big bettors.<br />

Can he pull it off? He honestly doesn’t know, especially with no guarantee<br />

of expanded gaming at the site, or a cut of the revenue if the state ever<br />

did decide to build a casino there. His assumptions are all being made on<br />

the track having to stand on its own, though his hunch is slots will come<br />

to the Meadowlands at some point, especially if table games end up in racinos<br />

in New York, which is likely.<br />

Regardless, he’ll have to make good on his plan to tear down the existing<br />

grandstand and build a smaller, modern facility on the opposite side of<br />

the mile track.<br />

The cost, so far, is around $100 million. On March 9, he issued a mildlyoptimistic<br />

press release saying there were interested investors, yet, “we would<br />

still have to raise $40-$50 million in debt over and above the same amount<br />

of equity which I think may be doable. Any deal we make, however, is subject<br />

to obtaining concessions from the unions, as well as concessions from the<br />

state and I expect to have those discussions sometime (the week of March 14).”<br />

Those who know Jeff best won’t bet against him in his quest to acquire<br />

the track.<br />

“If there’s one person in our industry that can get the job done at the<br />

Meadowlands it’s Jeffrey Gural,” Jason Settlemoir said.<br />

“I know what he went through with the legislation in New York State,”<br />

Geiger said. He saved all the tracks in New York State. They wouldn’t be<br />

there right now. The Batavias of the world and Buffalo, they were out of business.<br />

As long as they had (slots), they were able to survive. He’s got a shot<br />

(to get the Meadowlands), because I know what he went through putting<br />

that together. I think if anybody can do it, it’s Jeff.”<br />

“I think he’s the right guy to steer this ship,” said Perretti’s Bob Marks,<br />

who, like Jeff, is a realist about harness racing’s long-term prospects. “I don’t<br />

have much confidence we’re going to be able to turn this tide. Basically, there’s<br />

no other track that can make any money except maybe the Meadowlands<br />

on a much more streamlined budget, a smaller grandstand. Maybe it could<br />

actually be profitable. I don’t know. Unless the industry changes, I don’t see<br />

why new people are suddenly going to embrace this. The major problems<br />

are still there. Basically, thank God that a guy like Jeff Gural seems to be willing<br />

to accept the challenge. I certainly have every confidence that he’s<br />

probably as good a guy as you could possibly have and is well-versed in so<br />

many facets of the industry.”<br />

Beyond being a track owner, Jeff is a horse owner, breeder and, most of<br />

all, fan of the sport. When asked whether he wanted to take a crack at acquiring<br />

thoroughbred’s Monmouth Park, too, Jeff replied, “Nah, I’m a harness guy.”<br />

“He’s one of the guys that can speak on the horsemen’s end and the breeders’<br />

end and the owner’s end and bridge the gap, so to speak, and<br />

understand all aspects of it,” Anthony Perretti said. “The governor’s office,<br />

if they turn this guy down then they’re not legitimately interested in making<br />

this work.”<br />

If Jeff does make it work, expect some big changes at the Big M (see Last<br />

Call, p. 56.) Though, he insists he has no interest in micromanaging operations<br />

at the Meadowlands.<br />

“The truth of the matter is, I really enjoy going to Tioga. The horsemen<br />

are great and the people are great. I have a beautiful house there,” said Jeff,<br />

admitting he was, at first, against his wife Paula’s ambitions for the house<br />

on a hill, which came in at almost three times the original budget.<br />

Though, despite appearances, owning two tracks with slot machines has<br />

not proven to be the financial windfall many assume.<br />

“I’ve lost a fortune in Vernon and Tioga, mainly Vernon, but I’ve learned<br />

from my mistakes... I’ve probably lost $25 million of real money,” Jeff said.<br />

26 T H E C A N A D I A N S P O R T S M A N MARCH 17, 2011


CLAUS ANDERSEN<br />

Given all that, why on earth would Jeff Gural want to add the<br />

Meadowlands to his long list of holdings and projects?<br />

He’s not a young man and it’s not like he needs a hobby.<br />

Sure, the closure of the Meadowlands would have a negative impact on<br />

Tioga and Vernon — along with every harness track in North America. But<br />

it goes much, much deeper than self-interest.<br />

The project absorbs at least 50 per cent of his time in a schedule that was<br />

already busier than most. That’s unlikely to change even if his bid is successful<br />

and he turns the daily operations over to others.<br />

“I can tell you that we made a little wager when he got into Tioga and<br />

Vernon. I bet him that within a year he was going to be spending almost<br />

every weekend at one of them and operating it. He told me I was crazy. Let’s<br />

just say I won the bet,” Eric Gural said, laughing.<br />

Jeff said his involvement in the Meadowlands truly is accidental.<br />

“It was a total fluke. It wasn’t like I was saying to myself, ‘Gee, I should<br />

get involved in the Meadowlands. It looks like a great opportunity.’ It was<br />

the furthest thing from my mind. I just assumed like most people that it was<br />

just going to open,” Jeff said. “Truthfully, I think it’s a challenge to see if I<br />

could come up with a model that gets people to come to a racetrack, because<br />

the assumption is, you can’t. I’ve succeeded at Tioga, but I haven’t succeeded<br />

in getting them to bet.”<br />

Making money is not the prime motivator, especially in a depressed<br />

market.<br />

“I don’t think Jeff is doing it for monetary reasons,” Anthony Perretti said.<br />

“He’s really doing it for the business.”<br />

“He truly does love this business,” Settlemoir confirmed. “It’s not about<br />

money to him. It’s about the passion he has for the horse racing industry.<br />

He doesn’t have to be doing any of this to help the industry.”<br />

“He wants to save the things he loves and harness racing is one of them,”<br />

Geiger said.<br />

In many ways, perhaps this is what Jeff Gural was born to do, said son Eric.<br />

“This is what he has always wanted to do. He’s watched harness racing’s<br />

popularity dwindle. His interest in it and his love for it has never changed.<br />

It’s probably gotten stronger,” Eric said. “I think he’s always wanted to see<br />

it come back to the forefront and be a sustainable and popular sport.”<br />

As much as anything, the Meadowlands venture goes straight to Jeff’s<br />

altruistic heart, encompassing a lifetime of his deepest passions.<br />

“His personality definitely changes around horses and around the track<br />

and around kids,” Eric said.<br />

“Those who are influential have a moral obligation to try to save the sport<br />

and not let it just go down the drain. There are young people who devoted<br />

five or 10 years of their lives to this, they’re 30 years old and they have no<br />

future,” Jeff said. “I feel an obligation to try to do the right thing for these<br />

young people. Tim Tetrick and Yannick (Gingras), they’re screwed, and they<br />

sort of know it.”<br />

What’s the biggest message he’d like to send to the industry? “That I’m<br />

really working hard at this, because I’m really working hard at it,” Jeff said.<br />

“You saw who I met with... You saw all the emails dealing with this.”<br />

Beyond garnering as much industry support as can be mustered, he has<br />

only one request: “If it fails, I don’t want to be criticized, ‘Ah, Gural, big white<br />

knight. He was full of s_ _ _.’<br />

“It’s very difficult.”<br />

No matter where your office is and how many presidents you know.<br />

MARCH 17, 2011<br />

T H E C A N A D I A N S P O R T S M A N<br />

27


last call<br />

by Dave Briggs<br />

Imagining a new Meadowlands<br />

with Gural at the helm<br />

Ad Index<br />

In the power of positive thinking<br />

department, it’s a useful exercise to<br />

imagine what a new Meadowlands<br />

Racetrack would look like with Jeff<br />

Gural in control.<br />

With two weeks left on the clock<br />

for Gural to orchestrate a deal to<br />

lease the track from the state of New<br />

Jersey, it’s a long way from a lock. But<br />

I shudder to think of the alternative,<br />

which is, most likely, the death of the<br />

most important harness racing track<br />

in North America and the resulting<br />

dominos that would fall.<br />

Changes at the Big M under<br />

Gural would go far beyond a new,<br />

smaller, high-tech grandstand<br />

located on the opposite of where the<br />

current behemoth stands today.<br />

Perretti Farms’ marketing director<br />

Bob Marks believes Gural would<br />

take a page from the successful playbook<br />

Gural and Jason Settlemoir<br />

have employed at Tioga Downs in<br />

Nichols, NY.<br />

“I think Jeff Gural represents the<br />

interests of the fan. He knows what<br />

it should be and I think he represents<br />

the interests of the industry. I’m not<br />

so sure he represents the interest of<br />

the status quo,” Marks said. “I think<br />

that’s wonderful.”<br />

Higher integrity would be at the<br />

forefront. As a state-owned facility,<br />

the Meadowlands cannot evoke private<br />

property rights to ban undesired<br />

participants. Gural said he is trying<br />

to negotiate the right of refusal into<br />

any Meadowlands lease deal with the<br />

state of New Jersey and Governor<br />

Chris Christie.<br />

“The good thing about Christie,<br />

I think, is he’s a law and order guy.”<br />

Gural said. “If I come to him and say,<br />

‘You’ve got to help me. You’ve got<br />

guys here that are clearly using<br />

drugs.’ The only way we’re going to<br />

catch them is through surveillance<br />

— 24-hour surveillance. You put<br />

cameras in. You just set it up so that<br />

anybody that walks into that barn<br />

has to have their picture taken and<br />

they’re not allowed in a stall that<br />

doesn’t have a camera on it.”<br />

Sharply critical of some of harness<br />

racing’s perceived cheaters, Jeff<br />

shakes his head in disbelief as he lists<br />

a string of some of the sport’s more<br />

celebrated names, many of whom he<br />

believes should be exposed and<br />

ostracized, not feted.<br />

“You would see integrity built<br />

back into the racetrack,” Settlemoir<br />

said with conviction, adding you’d<br />

also see almost an obsessive level of<br />

customer service.<br />

As for marketing the Meadowlands,<br />

Gural believes one can’t do any worse.<br />

“One of the good things is it’s not<br />

hard to improve much on the marketing<br />

of a racetrack. When I first got<br />

into Tioga, I really got involved<br />

because I said, ‘I can’t believe you<br />

can’t get people to come to a racetrack,<br />

if you race 57 days.’ Make it<br />

fun,” Jeff said.<br />

Also, appeal to younger people.<br />

“There are ideas out there like this<br />

Betfair and I’ve talked to the people<br />

at Cantor Gaming. They have some<br />

ideas. There are people that believe<br />

that you can get young people into<br />

it if you did it their way,” Gural said.<br />

On the track, Gural promises<br />

you’d see the end of the country<br />

club, the return of the long-gone<br />

Meadowlands shuffle where drivers<br />

are more aggressive and punish others’<br />

mistakes. You’d also see an<br />

emphasis on keeping the sport’s<br />

star horses racing longer. It’s an initiative<br />

Gural has pushed strongly in<br />

recent years, mostly in vain.<br />

Gural has pulled his hair out<br />

watching a string of the sport’s<br />

biggest stars and drawing cards —<br />

S o m e b e a c h s o m e w h e r e ,<br />

Deweycheatumnhowe, Donato<br />

Hanover, Muscle Hill — head for<br />

stud careers at the end of their<br />

three-year-old campaigns.<br />

“I begged the people who own<br />

Muscle Hill to race this horse. I literally<br />

begged them. I owned a share.<br />

You get an answer of, ‘You’re 100 per<br />

cent right. It would be good for the<br />

sport to race Muscle Hill. I’m not<br />

going to do it, but you’re 100 per<br />

cent right, Jeff. We should do it.’ I’m<br />

not that kind of person. I just wish<br />

that I had a good horse. I wouldn’t<br />

even think twice. It’s just the stupidest<br />

thing. These people take the<br />

money and buy 10 yearlings that are<br />

all pieces of s_ _ _,” Gural said.<br />

In 2009, Gural proposed eligibility<br />

for major stakes be limited to<br />

stallions five or older at the time of<br />

a horse’s conception, thus making it<br />

a disincentive for stars to rush off to<br />

the breeding shed at the end of<br />

their three-year-old year.<br />

“The truth of the matter is, it was<br />

WEG (the Woodbine Entertainment<br />

Group) that really dropped the ball,<br />

because I had the Meadowlands on<br />

board. Had I gotten WEG, that was<br />

it. WEG’s board wouldn’t do it,”<br />

Gural said. “Somebeachsomewhere,<br />

every time this horse appeared at a<br />

WEG track, attendance was triple. I<br />

said to them, ‘I need you to do this.<br />

We’ll force Somebeach to race next<br />

year.’ They said, ‘No.’”<br />

Though he’s also a horse owner<br />

and breeder, Gural said track operators<br />

need to focus on what’s best for<br />

their business, not other segments of<br />

the industry.<br />

“Why would a racetrack owner<br />

have any interest in worrying about<br />

the breeders? That’s not their business.<br />

The breeder isn’t worried about<br />

me,” Gural said.<br />

At Tioga Downs, Gural did what<br />

he could to keep the stars racing<br />

longer by establishing the Bettors<br />

Delight stakes event for older pacers.<br />

Above all, after a lifetime in New<br />

York’s competitive real estate business,<br />

Gural has proven to be at his<br />

best managing a facility.<br />

“One thing about us, is we’re<br />

operators,” said Gural’s son, Eric,<br />

who works with his father at<br />

Newmark Frank Knight. “A lot of<br />

times people look at real estate people<br />

and call them investors. That’s<br />

not what we are. Certainly, we invest<br />

in our own ability to operate, but at<br />

the end of the day, we’re good at<br />

what happens in the game.”<br />

For everyone’s sake, let’s hope Jeff<br />

Gural gets to the plate.<br />

Belore Trailers<br />

Blue Chip Farm<br />

________________33<br />

____17, back cover<br />

Canadian Road Horse Assoc. ____38<br />

Canadian Sportsman ____________6<br />

Emerald Ridge Farm____________19<br />

Fashion Farms ____________21, 31<br />

Hanover Raceway __________20, 51<br />

Mac Lilley Farm________________35<br />

New Image Media______________34<br />

New York Sire Stakes __________43<br />

Ontario Sires Stakes ________3, 47<br />

Park Insurance ________________48<br />

Racehorsephoto ______________32<br />

SBOA of Ontario ______________53<br />

Seelster Farms ____________28, 29<br />

Source ______________________55<br />

Tara Hills Stud<br />

________5, 7, 9, 11, 13, inside back<br />

Walnut Hall Ltd. ________inside front<br />

Winbak Farm ______________17, 37<br />

Winning Key Farms ____________39<br />

56 T H E C A N A D I A N S P O R T S M A N MARCH 17, 2011

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