Your New Yankee Stadium

Wednesday, September 17, 2008

Richard Brodsky, Assemblyman District 92 (D-Greenburgh), talks about his new report "The House That You Built" about the public subsidies for the new Yankee Stadium


Richard Brodsky

Comments [16]

Karen from Orangeburg, NY

If Yankee Stadium is paid for by the public then the city should own it-- and the Yankees should adequate pay rent to use it-- and taxes on the income--then the City gets the clear revenues, and the team can sell tickets, and the city can use the stadium for other uses when the Yankees are not there.

Remember how little money actually accrues to the city-- the players who earn millions do not pay taxes here-- they have their legal residences in Florida. Most of the constructions workers live outside of the city and the state. And the local people whose park land was stolen for the new stadium have not seen anything replaced-- along with the schools who were supposed to be helped with increased athletic support.

I do not go to baseball games-- what benefit do I get-- other than massive rush hour tie-ups on the Cross Bronx and 87?

Mr. Brodsky-- keet it up!

Sep. 17 2008 02:07 PM
Josh Banks from Brooklyn

Atlantic yards is 5 blocks from my house. I belong to a group that is currently suing Ratner for abuse of eminent domain. First of all it was a no bid contract. Second he is getting $2 BILLION in subsidies from the City and State and Pilot payments. They say its public good. How the hell is a professional sports team, public domain. I too have been going to Yankee stadium since I was 4. My mom grew up also 5 blocks away (how about bad luck). Look at Jerome Avenue and tell me how the public has benefited.

Sep. 17 2008 11:02 AM

What we need is clear inclusion of the all subsidies (on a section, not a footnote) to SEC 10K filings. Then it will become public information. At least we will see what public companies are getting.

Sep. 17 2008 11:02 AM
Susan from Kingston, New York

The rich get everything and we, the middle class, pay for their life of luxury! The Bloomberg Administration has pushed its gentrification agenda all over the city with its rezoning. This guy is right on the mark!

Sep. 17 2008 10:59 AM
Robert from NYC

Bravo Mr. Brodsky (even if you are from Westchester).

Sep. 17 2008 10:58 AM
John from Qns.

Pro sports tickets should be FREE to all.

Sep. 17 2008 10:58 AM
Leonardo Andres

The people who are building the stadium money wise, can't afford to go to the stadium. I love it, what is the point of supporting such a franchise who no longer think of their own customers (the fans)

Sep. 17 2008 10:57 AM
Pam from Wstr.

Brodsky is brilliant as usual.

Sep. 17 2008 10:57 AM
Marco from Manhattan

Spectator sports are basically stupid...go out any play or exercise yourself instead of paying some jaded millionaire to do it while you watch...

Sep. 17 2008 10:55 AM
robert from park slope

A few years ago when the Yankees threaten to move to NJ, Giuliani and others caved in. The Yankee franchise would loose much of its value if they left they city and doubt that they would truly consider leaving. Even if they did leave, the city would come out ahead not subsidizing this very lucrative business.

Sep. 17 2008 10:55 AM

sorry brian, you're not objective on this issue.

Sep. 17 2008 10:53 AM
Liam from East Elmhurst

Too many lawyers...too much Rush and other fraud reps for the rich...too few people with politcians on their speed-dialers and cell, who cares...all is lost as long as the DEMO-CANS and the REPUBLO-CRATS keep getting together to discuss how to...I can't use that word...US!

Sep. 17 2008 10:48 AM
Robert from NYC

Well, Borough President Carrion[sp?] should be voted out of office after his very strong support of this crappy new stadium. There was nothing really wrong with "the house that Ruth built" that decent renovations and modernizing could not care of. I also noticed that Carrion is wearing nicer suits lately.

Sep. 17 2008 10:47 AM
Sean from brooklyn

How can something like this happen when schools and library's in the Bronx do not have proper funding.

Sep. 17 2008 10:46 AM
Charles from Brooklyn

Whether it is Yankee stadium, Met stadium or the proposed Barclay Center at Atlantic Yards, the state and city should not be using eminent domain and public funds to enrich essentially privately owned businesses. A sports team is not a hospital or road. At least, if the state or city is going to pay for the stadiums, then the people of the state of New York should be its owners.

Sep. 17 2008 10:40 AM
michaelw from INWOOD

I've been a Yankee fan since I was about 5 and have fond memories going to games.

However there is no way in hell we should be paying another $300 million to complete the new stadium.

Furthermore the Bloomberg administration should be invesitgated for fraud when they told the IRS certain land values were over $200 a square foot rather than the true vale of approximately $20 a square foot.

The Yankees can play in the current stadium and they should leave the new one unfinished.

Besides NYC schools and the transit system should have received the money to begin with.

Also next year no one will have a job so who is going to go to the games??

Sep. 17 2008 09:46 AM

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