Recent Streetsblog NYC posts about Yankee Stadium Parking Scandal

City Hopes to Draw Constant Traffic to Subsidized Stadium Garages

By Brad Aaron | Sep 18, 2007 | 1 Comment

If you thought it was bad enough that the city seized public park land in the asthma-choked South Bronx, turned that public land over to the New York Yankees to use for parking, and is currently on course to have taxpayers subsidize said parking to the tune of $8,000 per space, well, you’d be […]

Meet Your Industrial Development Agency

By Brad Aaron | Sep 17, 2007 | 5 Comments

Last week, the board of the New York City Industrial Agency postponed a vote on whether to subsidize the construction of parking facilities at the new Yankee Stadium through the issuance of $225 million in triple tax exempt bonds. Streetsblog has no word yet on when the vote will occur, so in the meantime here […]

Vote Postponed on Yankees Parking Subsidy

By Brad Aaron | Sep 11, 2007 | 2 Comments

In an unusual move, the board of the New York City Industrial Development Agency (IDA) this morning postponed a vote on whether to issue tax-free bonds for parking facilities at the new Yankee Stadium. At a hearing last week, residents of the South Bronx, along with public advocates, protested the $225 million triple tax exempt […]

The Bronx Is Burning Over Subsidized Stadium Parking

By Brad Aaron | Sep 7, 2007 | 16 Comments

The people of the South Bronx will organize against the subsidized construction of parking garages for the new Yankee Stadium, one resident said yesterday. At a sparsely attended public hearing in Lower Manhattan, Margaret Collins of Save Our Parks told the New York City Industrial Development Agency (IDA) that a "barely contained rage" is simmering over the traffic the new […]

Bronx Boro Prez Issues Protest at Yankees Parking Hearing

By Brad Aaron | Sep 6, 2007 | 4 Comments

This morning a representative of Bronx Borough President Adolfo Carrion, Jr., read a statement of protest ahead of an expected Tuesday vote on the city’s deal with the Yankees to subsidize the construction of three parking garages. Testifying before the NYC Industrial Development Agency (IDA), which is poised to issue over $200 million in triple tax […]

Take Me Out to the Yankees Parking Subsidy Hearing

By Brad Aaron | Sep 5, 2007 | 18 Comments

As Streetsblog reported back in April, the city is set to subsidize thousands of parking spaces for the new Yankee Stadium by issuing hundreds of millions in tax-exempt bonds for parking deck construction. The Post reported this week that one of the four planned parking structures has been scuttled, but the rest remain on the […]

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