Public Hearing Regarding the Yankees and Mets' Request for Additional Tax-Free Financing
January 15, 2009. Today the New York City Industrial Development Agency (IDA) held a public hearing regarding additional tax-free bonds and mortgage recording and sales tax breaks for the nearly complete new Yankee and Mets' stadiums. The IDA is scheduled to vote on this tomorrow, January 16, 2009.
Read Good Jobs New York's testimony, and view Our Factsheet evaluating the city's claim of project benefits. View other testimony prepared for the hearing from:Anita Antonetty, Resident and Former Member of Bronx Community Board 4
Karen Argenti, Bronx Council for Environmental Quality
Emmanuel Cabrera, Resident
Geoffrey Croft, NYC Park Advocates
Sheelah Feinberg, New Yorkers for Parks
Lukas Herbert, Resident and Former Member of Bronx Community Board 4
Janice Schacter, Hearing Access Program
Michael D.D. White, Noticing New York
Click here to learn more about the proposed financing.
Click here to view taxpayer costs of the new Yankee Stadium.