When it comes to elections most people are focused on the biggie this November. But not New York City pols! They're already focused on next November when Gracie Mansion, long left vacant by Mike Bloomberg, is once again up for grabs. And the early front runner is... still City Council Speaker Christine Quinn.
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Another from Brodsky: "What's at stake here is a much bigger issue than whether you like or dislike the Yankee Stadium deal. Stadiums soaking a lot of the tax-exempt financing, and we can't fund the capital plan of the MTA and we're short capital money on schools and hospitals."The NY Times looks at how NYC's two baseball teams and the Nets have benefited from tax-free bonds and how the state and city are lobbying DC to make sure those projects do get benefits--for instance, the Yankees have received $900+ million in tax-free bonds, $200 million in subsidies, and new parking garages, parkland and more built by the city for $300+ million.
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Results tagged “publicfinancing”
Election 2013: Speaker Quinn's In The (Public) Money!
Obama Opts Out of Public Funding for Election
Yesterday, presumptive Democratic presidential nominee Barack Obama decided to forgo public financing for his general election campaign, seemingly reneging on his earlier statement that he would receive public financing if the Republican nominee did, too.
New Sports Venues and the "Government Cookie Jar"
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