If the rationale behind the Mayor's RFP rollout is to elevate the Loew's to another level of professionalism, certainly reaching out to world-class firms such as AEG Live and Live Nation makes sense, since they are two of the largest music venue ... Having said this, Egan did address the issue of managing the operation as a business generator: “FOL's operation over the years has averaged a net income surplus to the point where we have a reserve of over $100,000.”.
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