Developer plans sports center for $1 billion in Rockaways.

Reports on a proposal from Heathmount Arts and Entertainment Corporation to build a $1 billion entertainment and sports complex on the Rockaway Peninsula in New York City's borough of Queens. Details of plans for the Averne section of Rockaway; Comments from Mayor Rudolph W. Giuliani; The company's chief executive officer, Albert Reichmann, of Toronto's well-known family of real estate developers; City-provided infrastructure improvements; Environmental issues.