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The city's Industrial Development Agency has approved to funnel more tax-exempt bonds to the Yankees and Mets. The AP gives the rundown on the numbers, "The Yankees were granted another $259 million in tax-exempt bonds and $111 million in taxable bonds, on top of $940 million in tax-exempt bonds and $25 million in taxable bonds already granted for its $1.5 billion new Yankee Stadium in the Bronx. The Mets got an additional $83 million, after the $615 million already approved for $800 million Citi Field." Critics of the funding have accused the Yankees and Mets of using the government as a cookie jar, but the Yankees said they needed more money because of rising construction costs. So, when you walk into the new Yankee Stadium or CitiField, feel like an owner—because you partially do!
City Approves More Funding for New Yankee, Mets Stadiums
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maybe they should make some of the seats affordable if they want funding from the city. otherwise it's a bunch of crap, they are charging SO much for seats, season tickets fuggheddaboudit. ruining the legacy.
More welfare for millionaires while the city cuts service for everyone else. And all because Bloomberg was so scared that the Yankees would move to NJ. So fucking what? What could the money have been used for instead? Baseball is the Bernie Madoff of sports.
Oh, and the price of steel has plummeted so "rising costs" my ass.
They need to tax these leeches up the wazoo.
Why are all those other "New York" teams in New Jersey? Couldn't the Mets and the Yankees just move there and then we can charge them a fee for using the New York name?
Why did they use the same font as Yankee Candle?
" So, when you walk into the new Yankee Stadium or CitiField, feel like an owner—because you partially do!"
Feel like an owner because you partially do? Say what?
To do this in the middle of a budget crisis and massive transit cuts takes incredible gall. Morally reprehensible is the most polite way of putting it.
This is an outrage in an era where we can't even afford the budget for basic city services. It shows how backwards people's priorities are.
just goes to show you bloomberg is all about money money and more money. for him and his buddies.
he's a nerd and could care less about sports but loves money.
now mr. mayor, you be careful flying your jet and your daughter should be careful jumping them horsies.
Wow. We have a budget deficit and you're wasting more money on this garbage? Come on.
Yeah, this is coming at a great time. Let's cut back on firehouses, schools, public assistance programs, let's issue parking tickets like it's going out of style, raise taxes, cut down on public transportation all while raising the fares and tolls. And let's give hundreds of millions to private businesses that are rolling in the dough, never to see it return to the public coffers again, while they raise their ticket prices and reduce the amount of seats, and employees, and take over public parkland, and cut down hundreds of trees in a city that is choking for space and clean air. Makes a lot of fucking sense.
DO NOT VOTE FOR BLOOMBERG IN HIS BID FOR REELECTION UNLESS YOU ARE BUNCH OF MORONIC SHEEP WHO ENJOY BEING ASS RAPED.
The Yankees can afford to sign bloated contracts to anyone they want to. They even pay MLB a tax because they spend too much! They never needed a new stadium. This is simply disgusting-if you are Yankee or Mets fan who is directly impacted by the rising taxes, cutbacks, and other bullshit heaped upon you, remember these boondoggles. Remember this when you plan on buying a Yankee hat, or Met's jersey. Remember that these fucking scumbag owners and players are getting richer off of you. They can all go fuck themselves as far as I am concerned.
How about not cutting the Z train? Couldn't this money have saved it?