Goodbye Yankee Stadium
As I type this Guiliani is having a press conference announcing a new stadium deal for both the Yankees and the Mets.
2 Domed ballparks will be built directly next to each respective ballpark. the cost is expected to be split 50/50 between tax payers and the teams. the state will be financing all the transportation changes needed.
The new Shea Stadium will be the first done and is expected by 2006. Yankee Stadium will follow in 2007.
Both old stadiums will be knocked down for parking
total cost: $800 Million- $1Billion
2 Domed ballparks will be built directly next to each respective ballpark. the cost is expected to be split 50/50 between tax payers and the teams. the state will be financing all the transportation changes needed.
The new Shea Stadium will be the first done and is expected by 2006. Yankee Stadium will follow in 2007.
Both old stadiums will be knocked down for parking
total cost: $800 Million- $1Billion
Comments
we got our stadium here fer like 350 mil and its damn nice. of course, the ones in zona and seattle were quite a bit more expensive cause of their massive size...
still, too bad they couldnt keep yankee stadium. so many great baseball moments in that park. i couldnt care less about shea, but yankee stadium just has so much tradition...
oh well...i guess progress comes w/ some sacrifices... <img src="graemlins/hmmm.gif" border="0" alt="[Hmmm]" />
PacBell Park may not be a dome, but it's actually 'downtown' so to speak. I can't imagine why these two stadiums would cost so much to build, especially considering locations...er...how much will demolition of the old parks cost?
PacBell Park was also completely paid for by private funding.
[ 12-28-2001: Message edited by: Eugene ]</p>
<strong>Wow, talk about overpriced. I think PacBell Park came in at $250M total, under-budget and finished ahead of schedule. $1B for two ballparks = wow, holy moly...
PacBell Park may not be a dome, but it's actually 'downtown' so to speak. I can't imagine why these two stadiums would cost so much to build, especially considering locations...er...how much will demolition of the old parks cost?</strong><hr></blockquote>
and also the fact that pacbell was completely privately funded, so they wasted as little money as they could. as long as the tax payers are funding it (50-50 is a huge chunk from taxes), they might as well go all out. also, domes can be quite a bit more expensive. look at BOB--like 500 mil, i believe. and the seattle one was even more...
Any way, how many new stadiums do you guys need? Fenway looks like it will NEVER be rebuilt.
<a href="http://www.mlb.com/NASApp/mlb/mlb/news/mlb_news_story.jsp?article_id=mlb_20011226_NYballp arks_news&team_id=mlb" target="_blank">http://www.mlb.com/NASApp/mlb/mlb/news/mlb_news_story.jsp?article_id=mlb_20011226_NYballp arks_news&team_id=mlb</a>
fran,
it's breaking news. it was just on the local news channel here. I've been searching for more info on the web but it seems that no one has it yet.
pretty big deal. seems like its finalized and signed and everything
I'm wondering if these new ballparks are also a big push for the Olympics in 2012 as New York is one of four finalists.
But 1 Billion dollars. :eek:
Still no new Fenway either.
How odd.
I bet some people are going to go ballistic...as well they should, I suppose.
<a href="http://www.nyc2012.com" target="_blank">www.nyc2012.com</a>
[ 12-28-2001: Message edited by: poor taylor ]</p>
I want 2012 to be in Balto-Washington.
<strong>I'm sure its all part of the Olympic campaign. Bloomberg has already selected the president of NYC2012 as a deputy mayor.
<a href="http://www.nyc2012.com" target="_blank">www.nyc2012.com</a>
[ 12-28-2001: Message edited by: poor taylor ]</strong><hr></blockquote>
what are the other 3 city finalists??
<a href="http://www.nyt.com/2001/12/29/nyregion/29STAD.html" target="_blank">Giuliani Presents Deal on Stadiums</a>
By JENNIFER STEINHAUER and RICHARD SANDOMIR
[quote]Trying to seal an 11th-hour deal on one of his most cherished projects, Mayor Rudolph W. Giuliani said yesterday that he had entered into tentative deals with the New York Yankees and the New York Mets to build stadiums for a combined $1.6 billion in the backyards of the teams' current ballparks.
Mr. Giuliani, who insisted that Mayor-elect Michael R. Bloomberg was on board with his plan, held a news conference yesterday and displayed models of the proposed new stadiums, retractable roofs and all. Appearing with George M. Steinbrenner 3rd, the chief owner of the Yankees, he seemed to be trying to make Mr. Bloomberg, who has repeatedly expressed ambivalence about the projects, an offer he could not refuse....<hr></blockquote>
<strong>From NYT
<a href="http://www.nyt.com/2001/12/29/nyregion/29STAD.html" target="_blank">Giuliani Presents Deal on Stadiums</a>
By JENNIFER STEINHAUER and RICHARD SANDOMIR
</strong><hr></blockquote>
the teams w/ the highest payrolls getting the most expensive stadiums (bye far)...
what a surprise...
what the hell are they gonna have in those things??? computers at every seat? full scale malls?? free use of saunas? a club level made of pure gold? sh*t, 800 mil each is way more than necessary. especially considering all that NY has been through, i hardly think that throwing around so much money on sports teams is wise. a new stadium, yes, but $1.6 BILLION?!?!?!?
yeah, if theyre spending that much on the damn baseball teams, i sure hope that the victims of the 911 attack are getting 1 billion each, cause theres just way too much free spending going on in that city............
struggling economy my ass
[quote]The teams would also assume all maintenance and operating costs of the new stadiums, which the city currently pays at Shea and Yankee Stadiums.<hr></blockquote>
I haven't heard whether this is this a loan to the teams, or a handout. If the latter, how and why is the state picking up half the tab for a private venture? I just listened to Guiliani's farewell speech yesterday and one of his finest achievements was to dramatically reduce welfare in the last 8 years. Seems like a big chunk of that good work has been hacked up in a stroke, in a yet another huge example of corporate welfare run amuck. You can guarantee that when the stadium is completed, there will still be broken roads, old failing infrastructure, such as falling-apart sewage systems and schools with out-of-date textbooks etc etc etc. Why aren't all the welfare watchdogs complaining?
<strong>
I haven't heard whether this is this a loan to the teams, or a handout. If the latter, how and why is the state picking up half the tab for a private venture? I just listened to Guiliani's farewell speech yesterday and one of his finest achievements was to dramatically reduce welfare in the last 8 years. Seems like a big chunk of that good work has been hacked up in a stroke, in a yet another huge example of corporate welfare run amuck. You can guarantee that when the stadium is completed, there will still be broken roads, old failing infrastructure, such as falling-apart sewage systems and schools with out-of-date textbooks etc etc etc. Why aren't all the welfare watchdogs complaining?</strong><hr></blockquote>
its private??? where the hell did u hear that load of bullsh*t?? gotta be a joke...
of course the cities taxes are paying for it!!! all sports facilities (w/ the exception of PacBell in frisco) are funded by taxpaying dollars. im surprised the teams are even putting in 50%...
Are you saying that the teams are publicly owned, i.e. by the State, or NYC?
<img src="confused.gif" border="0">
[ 12-28-2001: Message edited by: Samantha Joanne Ollendale ]</p>
If it were 100% private then the city would only get the sales tax on stuff sold there. With public funding they get a much bigger chunk.
Of course you'd know that of you'd bother to READ the NYT article before popping off.
Scott H. \t <hr></blockquote>
No, let me see. These plans have been in the works for about four years and New York usually gives the federal government more in tax revenue than it gets back in aid, which is not the case for a lot of other states.
I still don't think I like this deal though. I don't believe taxpayers should fund stadiums. I also think New York has more significant infrastructure needs than new ball parks.