View Full Version : New Yankees Stadium


waynelorentz
July 30th, 2004, 02:36 PM
This was in Crain's New York yesterday:
---------

The New York Yankees plan to announce within the next two weeks that they
want to build a new, $750 million stadium across the street from Yankee
Stadium. The new stadium would be in McCombs Dam Park.

According to sources close to the deal, the team will ask for $450 million
in public infrastructure investment to build a hotel and conference center,
a new Metro North stop, and a ferry landing, as well as three new parks
elsewhere in the Bronx. Under state law, the team must replace the parkland
it uses.

The team will likely seek to finance the facility by issuing tax-exempt
Industrial Development Authority bonds. Sources say revenue from the new
stadium would more than pay off the bonds. The Yankees were at first looking
at a design that would have increased luxury boxes to 70. But the design did
not work well, and the team is now planning 50 to 52 skyboxes. A spokesman
for the team says the Yankees are continuing to work out the details with
the Bloomberg administration and that an announcement is expected in the
coming weeks.

According to sources, Bronx Borough President Adolfo Carrion played a major
role in bringing the city and the Yankees together.

Copyright 2004, Crain Communications, Inc

Vlad the Great
July 30th, 2004, 04:20 PM
This is good news for the Bronx, but I still like the old Yankee stadium. Hopefully they will keep it as a museum or something

The Game Is Up
July 30th, 2004, 08:09 PM
This is a much better plan than the proposed Jets stadium in Manhattan. The people there don't want it. Why bother trying to ram that thing through?!

I'd like to see what the Mets would come up with.

JBINCALGARY
July 30th, 2004, 11:04 PM
yeh, you would figure there would be insufficient room.

Route
July 31st, 2004, 01:45 AM
More like MSG doesn't want the Jets in Manhattan, the people do.

crunch
July 31st, 2004, 01:47 AM
Eh, fine. Whatever. I hate the Yankees, and I always will. They ruined Yankee Stadium already anyway.

Ellatur
February 9th, 2005, 07:09 AM
whatever happened to this one? is it gonna get built?