PDA

View Full Version : Bloomberg & City Disagree about new Yankees Stadium


WhiteSoxFan84
01-14-2006, 09:48 AM
Mayor Bloomberg's plan to drop a new Yankee Stadium down atop two Bronx parks comes with a hefty price tag: $444 million in rent and tax breaks, free land, and state-subsidized parking garages. (A new home for the Mets would cost another $435 million.) But the mayor has insisted that the project's benefits outweigh the costs; as he said last June in his twin-stadium announcement, "We make 'investments.' We don't do subsidies. We get our money back, and we make money."


An internal economic analysis commissioned by the city Economic Development Corporation, however, says otherwise. According to the report by private consultants Economics Research Associates, city and state tax benefits from the project over 30 years would total just $225 million—barely enough to repay half the public cost. The city's share, $96 million, wouldn't even cover the costs of replacing public parkland, let alone hundreds of millions more in rent and tax breaks.



Linky (http://http://www.villagevoice.com/news/0603,demause,71747,5.html)

Fenway
01-14-2006, 10:21 AM
The project has also run into problems as Bronx residents will see parkspace decrease as the new park will take the bulk of Macombs Dam Park and the existing Stadium sits on much less land. ( the current Stadium will be torn down )

http://maps.google.com/maps?f=q&hl=en&q=yankee+stadium,+bronx+ny&ll=40.826556,-73.9258&spn=0.007631,0.01339&t=h

Unregistered
01-14-2006, 02:09 PM
The project has also run into problems as Bronx residents will see parkspace decrease as the new park will take the bulk of Macombs Dam Park and the existing Stadium sits on much less land. ( the current Stadium will be torn down )

http://maps.google.com/maps?f=q&hl=en&q=yankee+stadium,+bronx+ny&ll=40.826556,-73.9258&spn=0.007631,0.01339&t=hThey should just move 'em to Northern New Jersey. It's 100% Yankee fans out there anyway...

Fenway
01-14-2006, 02:43 PM
They should just move 'em to Northern New Jersey. It's 100% Yankee fans out there anyway...

I would be in favor of contraction myself.

soxinem1
01-14-2006, 04:10 PM
I would be in favor of contraction myself.

I wonder what Ron Bloomberg thinks of this whole situation....

getonbckthr
01-14-2006, 04:59 PM
The project has also run into problems as Bronx residents will see parkspace decrease as the new park will take the bulk of Macombs Dam Park and the existing Stadium sits on much less land. ( the current Stadium will be torn down )

http://maps.google.com/maps?f=q&hl=en&q=yankee+stadium,+bronx+ny&ll=40.826556,-73.9258&spn=0.007631,0.01339&t=h
I remember hearing, or at least I think, that what ever public park space that is lost due to the new stadium the Yankees would personally purchase land and build equal to greater parks.

SOXSINCE'70
01-14-2006, 05:12 PM
I would be in favor of contraction myself.

While you're at it,remove the Blow Sawx,Twinkies,
Braves and sCrUBS from MLB.:rolling: :rolling:

CanBuehrleWait
01-14-2006, 06:58 PM
While you're at it,remove the Blow Sawx,Twinkies,
Braves and sCrUBS from MLB.:rolling: :rolling:

Should this be in teal? (half teal/sans Braves:cool:)

SoxFan64
01-15-2006, 12:09 PM
While you're at it,remove the Blow Sawx,Twinkies,
Braves and sCrUBS from MLB.:rolling: :rolling:
Who would there be left to hate? The Royals? The Brewers? The Marlins?

Half the fun of cheering for the Pale Hose is they aren't Boston, New York or the Flubbies.

Well at least it was half the fun when we never won anything and remembered with fondness 3rd place teams like the 77 Hitmen.

So ok now that we are winning maybe we can have some contraction. But I still like to hate those teams. Makes the heart race faster and the blood to boil.