Results tagged “taxfreebond”

The NY Yankees has reportedly asked city for $350 million more in public financing for its new stadium. The $1.3 billion project is currently under construction, and the urgency for additional funds in the form of tax-free bonds ranges from Assemblyman Richard Brodsky saying "the Yankees said they couldn't complete the Stadium without additional financing" to the NYC Economic Development Corporation president saying the Yankees are just making "informal inquiries."

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