Updated On
07/03/08 at 10:36AM
More tax breaks for Yankee Stadium?
New Yankee Stadium
The Bloomberg administration has defended the Yankees' request for more tax-exempt bonds for the new Yankee Stadium, saying the stadium will help bring jobs, revenue and parkland to the Bronx. The project has already received $942 million in tax-exempt financing, and the stadium is expected to be ready for opening day in 2009. The Yankees say the extra funds are needed for the scoreboard, concession stand and other stadium amenities.
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Anonymous
If the private owners of the new Yankee Stadium are going to get MORE public funding/benefits, then they should be required to provide more cheap seats at lower prices. Everything I have heard is that the new stasium will offer a SMALLER NUMBER OF MORE EXPENSIVE SEATS!
Comment #1 Posted By: Anonymous 07/07/08
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