01.15.09 THE NEW YANKEE STADIUM IS A HUGE WASTE
Despite being richer than pharaohs, the Yankees have saddled the city of New York with more than twice as much money as the city agreed to chip in for the new Yankee Stadium.
Skyrocketing expenses at the new Yankee Stadium will saddle taxpayers with a $325 million bill – more than twice the amount the city approved in 2006.
City Controller William Thompson blamed either “incompetence” or “blatant attempts to mislead the public” for poor initial estimates of costs for demolishing the old stadium, replacing some parks and street improvements. The original price tag was $129 million.
“Costs don’t go up that dramatically in that period of time,” he said. “Either someone did that intentionally or it is the worst job of management that I have ever seen.”
The Yankees are saying that the revenues the city get back will more than blah blah blah. That’s what I get out of articles that talk about politics at the city level. I see “comptroller” and my eyes start to glaze over. The thing to take away from this story is the answer to the question, “Should I hate the Yankees?” And the answer is “only if you love America.”


There are 13 comments about:
THE NEW YANKEE STADIUM IS A HUGE WASTE
Hey, Chief, you are a fag!
/State Comptroller Atkins is a Yankees fan
If I hate the Yankees do I have to contribute my tax dollars to their stadium?
Yes?
Well, can I get a free hat or something?
“only if you love America”
VIVA LA FRANCE!!
I didn’t think it was possible to despise them any more than I already did. Now they’re stealing my money. All the Yankee WAG’s should have to blow all Yankee haters in the city. Except A-Rod’s WAG. She needs to stay in her coffin.
*laugh maniacally while stroking cat*
That’s not a cat, Pauly…
Seize all Madoff’s assets, pay for stadium. Two birds, one stone.
Better yet, force the Yankees to move to Fargo. Then seize Madoff’s assets, give money to me. It’s foolproof!
I think we need to refocus our hate on the Red Sox and their fans.
I’m proud to be an American where at least I know I’m freeeeeee…..
Yeah, but the Yanks are hurting in this economy too. They already have been forced to make economically savvy signings this offseason like handing 82 million dollars to AJ Burnett.
Tengo +1 for the avatar.
But dont worry, the stadium has created 57 new jobs in NYC. it will all come out even in the end
“Mr. Brodsky conceded that he had erroneously flayed the Yankees for creating only 22 permanent jobs at the new stadium, after Mr. Levine said it was 57.”
http://www.nytimes.com/2009/01/15/nyregion/15stadium.html?ref=nyregion
Costs of demolishing the old stadium? What the hell is left to demolish?
The Yankees went over in their spending? Do they have to pay luxury tax on that too?
This kind of gluttony is going to make New York become a target of terrorists.
I take solace in the fact that George Steinbrenner is going to be dead soon. He doesn’t have the vampire blood of Al Davis.
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