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...United Center in Chicago, where basketball's Bulls and hockey's Blackhawks play, 216 suites sell for between $55,000 and $175,000 a year. "The luxury suites are the financial engine that offsets the cost ($175 million) the Bulls and Blackhawks incurred in constructing the facility," says Steve Schanwald, vice president of marketing for the Bulls. Jack Kent Cooke, owner of the N.F.L.'s Washington Redskins, is so enamored of luxury boxes--and the Washington lobbyists are so eager to buy them--that the joke around the Beltway is that the new Redskins stadium, which is planned for Landover...

Author: /time Magazine | Title: HOW SUITE IT ISN'T | 7/10/1995 | See Source »

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