puerto rico pharmacy cheaper cialis overnight shipping from usa cost cymbalta 60 mg buy lasix 12.5 mg cheap propecia india generic drug for singulair cialis and micardis clomid sale canada buy inderal in the uk cialis tadalafil 40 cialis malaysia where to buy doxycycline for dogs price atomoxetine order online lipitor mg dose 100mg sildenafil citrate buy amoxicillin in spain mhairwara battalion buy retina no prescription long time sex tablet mysearchdial buying rogaine usa priligy fda approval non proscription tablets for cancer german viagra achat viagra best place to buy kamagra online diclofenac buy online from the uk lipitor 20 mg equivalent simvastatin tadalafil-cialis-500-mg viagrasales canada lipitor patient assistance canada trazodone buy cytotec united states augmentin tablet package insert buy lamisil without prescription buy clomid and hcg lamictal online pharmacy generic mirapex available flomax pill description no prescription sulfamethoxazole nexium purple pill discount generic xenical cheap no prescription vibrox doxycycline uk generic phenergan syrup erectile dysfunction pills canada finasteride 1 mg prices tadalafil made in india buy generic cialis professional canada topiramate buy medicine from cannada orlistat pillule viagra quebec differin cream can you order first online pharmacy propecia viagra buy accutane in dubai fluoxetine price uk cheap canadian drugs online ronlinepharmacy ecco contact center egypt online apotheke holland cialis tadalafil online coupons zenegra online canada crestor pharmacy isotretinoin price normal dick buy yasmin in the uk clomid oral tablet 50 mg can you buy accutane in mexico nexium 40 mg medication comprar viagra tarjeta debito precio de redustat buy propecia online ukraine lowest cialis price low cost e d meds. cialis 20mg prix pharmacie diclofenac tab 75mg buy claritin online cheap order periactin online without rx fluconazole dosage while pregnant pfizer coupons for viagra buy nolvadex and clomid uk cheap cialis from canada obat grafazol 20mg levitra does domperidone work for norovirus order antibiotics from canada accutane get worse before better arimidex 1 mg tablet professional viagra diovan amlo 160/5 mg sildenafil 100mg in usa order viagra in singapore combivent for sale accutane 40 mg online diovan hct tablet auvitra 20 mg tablets in nederland zyrtec 5 mg tablets levitra purchasing online pharmacy review logain digoxin for sale buy ventolin evohaler lipitor generic in india accutane 5mg cheap cialis 10 mg topamax 50mg tablets safe cialis online cuanto sale xenical en uruguay venta_de_cialis_en_barcelona generic viagra lowest prices can you buy generic cialis buy diclofenac sodium uk viagrawithoutprescription.us propecia 1mg tablets furosemide 40 mg obat apa us trazodone calais pills from canada order omeprazole from canada get viagra online in canada nexium generic nexium fluticasone generic drug zyrtec uk price where to buy viagra online fluoxetine cost uk femara for sale levitra after eating doxycycline costco canada pharmacy online lipitor sales by year levitra 10 mg for sale plavix from canada ventolin puffer cost proscar price in malaysia buy quetiapine online uk cost budesonide canada generic levitra cheap prices 20 mg online pharmacy oxycontin can i take 2 5mg cialis lisinopril 5 mg tablet buy celexa overnight will flagyl cure ringworm buy victoza online in canada how much is viagra without insurance amaryl rogaine canada available effexor generic from canada guaranteed on line synthroid orders onde comprar dapoxetina no brasil canadian health care and mall order tramadol online overnight female cialis samples buying isotretinoin cymbalta lawsuit canada cialis cost at cvs weaning off cymbalta to get pregnant prednisone mg sizes pursues viagra with a gift card discount tadalafil four corners pharmacy new zealand tadalafil canadian pharmacies protonix 8 mg buy metformin online canada viagra cincinnati crestor 10 pink pill viagra spedizione da uk vgr 100 canada rogaine for women generic levaquin safe enbrel equivalents order flagyl tablets women viagra name vardenafil 20 mg.no prescription flagyl antibiotics for men for sale propecia online america buy norvasc no prescription levothyroxine mexico price zyprexa pills accutane generic good buying viagra overseas order mylan a1 buy clomid online in the united states website to buy risperdone lipitor cost in walmart fast mobic online purchase price rogaine canada cialis 5 mg terapia motilium legal in england estradiol buy generic advair substitute where can i buy nolvadex pct propecia cheap online buy levitra 10 mg cost voltaren 75mg price dutasteride india buy viagra online in south africa wiki silagra ventolin mg valtrex price at cvs lexapro 20mg reviews phenergan dosage oral amerimedrx complaints trial viagra coupons buy cheap wellbutrin in usa buy crestor overseas pharmacies order cialis or viasgra from canada diovan 20 mg tinidazole with out a prescription celebrex trying to get pregnant diovan pill cutter 1325 sales of levita doxycycline in mexico valtrex without insurance safe online pharmacy no pres needed cost comparison viagra vs cia... pfizer brand viagra online generic propecia online india vigara master card payment clom buy online kamagra pharmacy from japan cialis for on-line malaysian buyers online pharmacy hong kong domperidone no prescription canada cialis generika paroxetine 20 mg high ventolin inhaler 200 mcg buy cheap rogaine viagra online canada pharmacy reviews alli diet pills sale canada cymbalta average cost doxycycline acne for sale diovan cost uk order viagra pay with paypal for sale crestor generic singulair now prednisone tablet 477 buy generic levitra online finasteride cost costco valtrex generic in canada does meloxicam get you high pastillas para ereccion i want to buy alli diet pills buying zithromax online real kamagra fluconazole for dog ear infection lexapro canada pharmacy tesco canada pharmacy clonazepam augmentin tab 1000mg alternative to viagra uk safe website to buy cialis generic cialis online usa master card ciprofloxacin no prescription buy kelnor online canada viagra generic in chicago for sale buy viagra in vancouver lasix xopenex buy viagra local, no perscription cefixime 400 mg singulair prescription accutane pills price discount viagra without prescription cialis one a day 2mg azithromycin buy no prescription comprar viagra barato promethazine uk boots lexapro generic weight loss inflason prednisone where can i get sildenafil citrate toradol with or without food how can i get some cialis uk online drug stores valacyclovir tablets cs online support24 kamagra oral jelly kaufen nexium 40 mg vartojimas genuine cialis uk allegra viagra in doha tadalafil overnight shipping prednisolone dosage for 2 year old cialis commander canada dapoxetine in nigeria wellbutrin 300 mg price cipro without prescription acheter sildenafil buy authentic viagra in canada levitras levitra danni fisici clomid no prescription uk lipitor india recall get amoxicillin without going doctor calis and viagra paypal comprar viagra femenina paginas seguras viagra to become generic can you buy clomid over counter viagra nuspojave where to get clomid online propecia uk prices all day chemist viagra noprescription brand name viagra online pharmcy buy celexa online cheap buy imitrex oral cover viagra cvs caremark levitra sublingual exceed-viagra-and-cialis pill zoloft 100mg cialis_generika_20mg_kaufen kmart generic drug list metformin trying get pregnant doxycyclineat buy uk viagra professional uk fosamax generic canada fosamax buy where can i get femara phone orders for cheap viagra where can i get suprax actonel yellow cheap levitra from uk elimite vardenafil online cost wellbutrin sr herbal viagra australia omeprazole price canada buy avana zetia bula cost aciclovir tablets lasixonline sildenafil citrate from china buy valium from india buy alli in canada diflucan 150 mg po tabs claritin 20 mg per day asacol lawsuit ed pill 24x7 viagra prescription drugs amoxicilin buy promethazine tablets 12.5 mg cialis online order canadian healthcare nizagara alli on sale now xenical cost nhs viagra super force 100 mg/60 mg pills clomid questions order levothyroxine 125mcg online order cheap levitra 2089 cheap paxil on line 651 filagra super active diflucan cost per pill canadian pharmacy 24hours nolvadex pct dosage crestor prices us advair most commonly used antibiotics buy voltaren plus zovirax 5 cream generic trimix gel on line viagra sold in the united states lamictal generic equivalent soft viagra vs viagra how to get levitra pharmacy non prescription prednisone without prescription canada abilify numbness viagra 100mg 4 film tablet zithromax with out perscription generic drugs from india valtrax levitra tablets cialys online no prescription buying genuine viagra no procription effexor generic prescription amoxil without a perscription indian generic cialis pantoprazole pills nizoral alli at lloyds chemist lexapro to buy levitra wiki orlistat 40 cialis tyskland infertilidade masculina viagracanada augmentin 1 000 mg crestor tablet in pakistan brand levitra canada goodrx pantoprozole buy fluconazole online uk ciprofloxacin tetracycline antibiotics buy online tadalafil 60 singapore cialis lowest prices order prednisone from canada sorenson and sorenson lexapro generic target cialis without pres over the counter chlamydia cheap avodart no prescription buy cheapest tadalafil online can i take 3 5mg cialis viagra testen kostenlos tetracycline brands in india zocor sale canada fluoxetine online without prescription cialis paypal payment mejor hora para tomar cymbalta diovan hct 160/12.5 buy codeine syrup zovirax tablet buy cipla online cafergot-availability-2012 how to buy sildenafil cheap xalatan drospirenone loestrin how to buy doxycycline tablet buy cialis soft c o d flomax drug price cheap levaquin 500mg dapoxetine in india indianaunty cheapest uk supplier viagra cheap celebrex valium money pak buy letrozole tablets ortho tri cyclen pills viagra substitute uk si puo'prendere cialis con metformina crestor canada generic information on flomax lia lowest price for amitriptyline geodon samples generic cymbalta in canada xenical male enhancement is there generic plavix levitra 40 mg samples prednisone 20mg side effects in dogs buy kamagra uk with mastercard where to buy tamoxifen prevacid 30mg ubat orlistat 120mg doxycycline us military sleeping pills amazon india cialis generico tadacip doxycycline dosage for lyme can wellbutrin xl get you high lilly cialis in canada cialis overnight shipping from usa buy prozac france canada meds 365 buy miodar buy antabuse 250mg online buy levothyroxine no rx in usa buy zithromax for chlamydia online free dysfunction samples viagra visual disorders buy brand propecia 5mg can u get cialis on line buy viagra in glasgow us based overnight viagra zovirax tablets for genital herpes femara 2.5 mg price in pakistan buy acyclovir cheap buy medicene from india viagra online pharmacy india viagra online coupon buy ucerax plavix online no rx thailand pharmacy online cheap viagra for sale order finasteride no prescription avodart product monograph canada best buy viagra lipitor cholesterol tablet crestor 20 orange pill cheap cialis 20 mg canada pharmacy drugs is it safe to buy generic cialis online kamagra india online finasteride china buy lipitor sale cost cytotec pills for sale buy accutane no prescription overnight reliable cialis online order ventolin inhaler next day generic proscar cvs lasix online ordering buy viagra with cashiers check yasmin online birth control pills acyclovir tablet in india celebrex retail cost imitrex printable coupons discount zyrtec liquid buy generic valtrex online canada cheapest tadalafil 20mg how much does cialis cost proscar from india generic viagara online us prilosec 40 mg price paysafecard acheter viagra buy viagra online forum cheap enapril without perscription
Home Ballpark Facility News Cost of New Yankee Stadium Rises Sharply

Like Shoot to Thrill - An AC/DC Tribute on Facebook!

An authentic tribute of AC/DC that covers the best of the Bon Scott era and the best of Brian Johnson's material

Who's Online?

We have 488 guests online

Atom RSS

Cost of New Yankee Stadium Rises Sharply PDF Print E-mail
User Rating: / 19
PoorBest 
Written by Maury Brown   
Friday, 20 July 2007 01:06
New Yankee Stadium

Taxpayer subsidies for New Yankee Stadium have risen $217 million more than first anticipated, according to a report issued by Good Jobs New York, a nonpartisan group.

With the increase, the total cost to the public is now $617 million. That figure is the amount of tax subsidy in today’s dollars, but will increase over time with inflation. As reported by Reuters:

Some $69 million of this rise stems from a decision by the city's Independent Budget Office to hike its estimate of how much tax revenue the city, state and federal government lost by letting the Yankees sell tax-free stadium bonds. The IBO said it took this step after the civic group questioned its figure.

The latest estimate also includes almost $90 million of city and state funds for a new Metro-North station for the stadium. Good Jobs New York applauded this expenditure because it will encourage mass transit.

The report cites former Mayor Rudolph Giuliani and Mayor Michael Bloomberg for the increase in costs. In the case of Giuliani, his firm, Giuliani Security and Safety, was hired as the stadium security consultant court papers show. He also approved a $21 million reduction in rent that the Yankees will have to pay.

"Public faith in government is eroded when private corporations hire former government officials and use their expertise and influence to evade participatory planning and established economic development principles," Good Jobs New York’s report said.

(See high-resolution renderings of the New Yankee Stadium design)

Select Read More to see the Executive Summary by Good Jobs New York, as well as a link to their report 

Executive Summary

To seize public parklands, win rapid permitting, and land massive taxpayer subsidies for their new stadium in the South Bronx, the New York Yankees hired numerous former public officials and benefited from the actions of a few current elected officials to play insider baseball, shutting out Bronx residents and New York City taxpayers. 

In a secretive, undemocratic process that climaxed in a lightning series of events in June 2005, these past and present officials helped the Yankees seize 22 acres of heavily used public parks and win development subsidies exceeding half a billion dollars.  City municipal records, lobbying declarations, legal documents, project plans and corporate filings reveal that the heavy hitters include:

  • Former Mayor Rudolph Giuliani, who approved millions of dollars in subsidies to the team including a $21 million rent reduction and whose firm, Giuliani Security and Safety, is listed in court documents as a security consultant for the stadium;
  • Randy Levine, former Commissioner of the Office of Labor Relations and then Deputy Mayor for Economic Development under Mayor Giuliani, and now President of the Yankee organization;
  • Roberto Ramirez, former Bronx Assembly Member and Bronx County Democratic Chair and now of the Mirram Group, who reported lobbying his former colleagues on behalf of the Yankees;
  • Stanley Schlein, a Bronx political operative since the Koch Administration, and an attorney for the Bronx Democratic Party who worked for Assembly Member Rivera while also chairing the civil service commission until Mayor Bloomberg refused to reappoint him after public concerns were raised about his conduct as a judicial appointee.

Numerous other former public servants and officials – once responsible for protecting the public treasury – now work at firms whose priority is the Yankees’ pocketbook. For example:

  • Joseph Seymour, former executive director of the Port Authority of New York and New Jersey and now senior vice president at the Community Initiatives Development Corporation (conduit for the garage financing);
  • Bruce Serchuk, a partner at the firm Nixon Peabody (a firm listed in public documents as being retained as bond counsel for both the Yankees and the New York City Industrial Development Agency) and a former senior technical reviewer at the Internal Revenue Service;
  • Howard Safir, Giuliani’s former police commissioner, now of the firm SafirRosetti, is listed in court documents as a security consultant for the project; and
  • Frank Chaney and Melanie Meyers, former officials at the New York City Department of City Planning, now work for the firm Fried, Frank, Harris, Shriver & Jacobson which was paid to lobby the Planning Commission and other agencies on behalf of the Yankees.

Together with others, revolving-door players helped the most valuable sports franchise in America score over half a billion dollars in subsidies. With no public hearings and hurried votes in both Albany and New York City, they also ensured the Yankees could abruptly seize 22 acres of Macombs Dam Park and parts of Mullaly Park, popular recreation places in the poorest Congressional district in the United States and one of New York’s highest asthma-rate neighborhoods.

The new Yankee stadium project undermined democratic planning principles and benefited the Yankee’s profit margin over the employment, recreational and public health needs of the community. Despite the opposition of the local community board and a “no” vote from the City Council member representing the neighborhood around the stadium, the project was rammed through so hurriedly that community members were only allowed to weigh in after major decisions had been made.

Providing subsidies for this project, particularly the massive parking garages that have already received $70 million of state funds, dealt a grave blow to the community’s quality of life.  The tree lined Macombs Dam and Mullaly Parks were heavily used by local residents and children from 20 schools. Today, the construction of the stadium is well underway and the former parks are occupied by cranes and bulldozers. Public officials promised interim parks (temporary open space while the replacement parks are constructed) would be opened shortly after construction began in August 2006 but they became a reality only recently.

The deal grossly violates the Bloomberg Administration’s commendable proposals for sustainable development and reduced greenhouse gas emissions as outlined in PlaNYC2030. By destroying open space and subsidizing fans to attend games by automobile (while ignoring a nearby transit station), the new stadium and its huge new garages will increase traffic in a community already plagued by auto-induced asthma.

Taxpayer subsidies for the project are still flowing: the City is offering to further subsidize thousands of stadium parking spaces on the former park lands by allocating $190 million in civic facility bonds. The IDA has held a public hearing on the garage financing but has yet to vote on the project.

Our findings do not suggest any illegal behavior or conflicts of interest.  But they do reveal a large, costly redevelopment project that was rushed through the public approval process without meaningful participation from the community or clearly defined benefits to residents and taxpayers. Public faith in government is eroded when private corporations hire former government officials and use their expertise and influence to evade participatory planning and established economic development principles

To guarantee there’s no replay of the Yankee Stadium fiasco, Good Jobs New York offers policy options to protect residents’ rights.

Honor Land Use Policies and the Community Boards

New York City has a strong democratic planning process on the books (called the Uniform Land Use Review Procedure or ULURP). It should be embraced, not gamed.

Major decisions on this project (the seizure of the park land, the types of public subsidies offered for example) were privately agreed to by the Yankees and public officials in the project’s Memorandum of Understanding (MOU)--a copy is available at http://www.goodjobsny.org/yankeestadium_mou.pdf. Agreements should not be negotiated without the consultation of the local community board and until details of proposals are made available and mandated public hearings are held.

Disclose the Revolving Door

Just as elected officials must reveal the companies or partnerships from which they receive income in financial disclosure statements, developers seeking land use approvals or development subsidies should be required to disclose in applications the names of all former government officials involved in the project (either as direct employees or as consultants or lobbyists), including their public and private positions and dates of public service.

Extend the Cooling-Off Period

To reduce the revolving-door influence problem, the City should extend to three years the time period which former elected officials and agency personnel must wait after leaving office before they can work as lobbyists or with firms involved directly on projects involving their public-sector jobs. Currently, the City’s conflict of interest law has loopholes permitting public officials to immediately go to work at firms that do business with the city. 

Scratch the Parking Garages

City and state officials should act on their stated city-wide commitment to fund public transportation as an alternative to driving. Recently officials pledged funds to build a Metro North train station near the Yankee stadium. With an estimated 10,000 fans per game choosing Metro North to get to games, the number of proposed parking spaces can be substantially cut back and park land restored.

PDF Full Report by Good Jobs New York (PDF)

 
 
Banner

Poll

Should MLB Force Jeffery Loria to Sell the Marlins?