The New York Daily News reports congress is investigating whether NYC officials inflated land values for the new Yankee Stadium. (July 27, 2008).

  City Council's Committee on Parks & Recreation holds a hearing on the status of the Yankee Stadium Replacement Parks (June 24, 2008). View testimony here.

  Good government, park advocacy and community groups send an open letter to New York City Congressional Members demanding they deny federal subsidies for sports facilities (June 17, 2008). View the letter here.

  City questions Madison Square Garden's property tax exemptions (January 7, 2008). Read GJNY's Testimony Here.

  Congress scrutinizes public financing for professional sports stadiums in wake of public infrastructure failures (October 10, 2007).  Read about it here.

City approves new subsidies for Yankee Stadium parking garages (October 9, 2007). Read about it here.

Yankees submitted tens of thousands of dollars in receipts for crystal baseballs, Yankee merchandise, bar bills and other questionable items to the City as “planning expenses” for rent reductions. City oversight has been lacking (October 3, 2007). Read press release here. See examples of submitted receipts here.

GJNY releases Insider Baseball--an exposé on the ill-conceived Yankee Stadium Project.

 Congress scrutinizes Yankee Stadium deal. Read about it here.

Both the Yankees and Mets plan on building new stadiums by 2009.  Click here to learn more about proposed taxpayer subsidies for the Yankee Stadium project and to read GJNY's report.  Click here to learn more about proposed subsidies for the Mets Stadium project.

Forest City Ratner Corporation and several community groups release a “Community Benefits Agreement” on the proposed Brooklyn Atlantic Yards project (June 27, 2005). Read about it in the Daily News.

City Council holds hearing on Brooklyn Atlantic Yards project. Read GJNY's testimony.

City Council holds two hearings on property tax breaks. Read GJNY's testimony on:

Payments In Lieu Of Taxes (PILOTs) and their possible use for the proposed West Side Stadium and

Madison Square Garden's property tax break

Resources for Understanding Major NYC Development Projects 

Downtown Brooklyn - Forest City Ratner Corp. is working to bring the New Jersey Nets to a proposed new stadium in Brooklyn.

Catch up on the local news with coverage in the Brooklyn Papers. Read updated information on Community Benefit Agreements (CBAs) or learn about how Los Angeles got the most out of a new stadium complex in 2001 with a CBA for the STAPLES Center.  

Manhattan's Far West Side - Read about the April 2004 breakfast forum on Far West Side financing hosted by the Fiscal Policy Institute & GJNY

Read details and news coverage of public financing plans ($3.67 billion) for Far West Side announced in February 2004, including information about Tax Increment Financing (TIF).