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Wednesday, January 28, 2009

Taxpayers’ running tab: Cost for parkland at Yankee Stadium up 67%

A beach on the Harlem River? Must notify Rip Curl Pro…pronto!

Between add-ons and upgrades, the cost has grown 67% over what Mayor Bloomberg promised when he agreed to subsidize the new stadium for America’s richest team in 2005, the Independent Budget Office announced Tuesday.

“It’s outrageous,” said Geoffrey Croft, president of NYC Parks Advocates. “The taxpayer should not be bearing any of these expenses. The New York Yankees should. They were allowed to take this parkland and the elected officials handed this over to them.”

Responding to the new numbers, the mayor said he regretted the rising costs, but insisted that increased spending on the parks around the stadium would benefit more than the Yankees.

“These are parks for the public,” he said. “This has nothing to do with the wealthiest team in baseball.”

Bettina Damiani of Goodjobs New York, a group that has regularly criticized the stadium deal, called the mayor’s contention “laughable.”

Repoz Posted: January 28, 2009 at 12:44 PM | 3 comment(s) Login to Bookmark
  Tags: business, yankees

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   1. faketeams Posted: January 28, 2009 at 02:59 PM (#3062172)
No surprise there. NY politicans have allowed union-paid accountants to tell them pension sweetners didn't cost anything. Why wouldn't the Yankees compete in a similar way?
   2. Van Lingle Mungo Jerry Posted: January 28, 2009 at 04:06 PM (#3062245)
####### Bloomberg. I never thought I'd be saying this, but I can't wait to get into a voting booth next year and pull the lever for Weiner, Thompson or whomever else the Dems post up in the mayoral race. His shilling for a West Side stadium was the first chink in the armor, but since it never came to fruition, I was willing to let it pass. Since then, his odious manipulation of the political process to make a third term possible, followed by his opening up the public coffers in the middle of an economic meltdown for sports stadiums has clinched his place in my personal pantheon of arrogant, hubristic scumbags.
   3. Roadblock Jones Posted: January 28, 2009 at 05:24 PM (#3062322)
I came here to say pretty much what Van Lingle Mungo Jerry said. It's almost as if Bloomy is putting so much energy into this because reasonable minds rendered his Olympics and West Side plans complete failures.

Nothing would be better than to see him hoisted with his own petard.

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