Expensive stadiums opening at bad time

March 06, 2009 12:05PM

The Yankees, Mets and Dallas
Cowboys are opening three of the most expensive stadiums ever built
this year with premium-priced seats and luxury amenities, just as big
corporations are trying to cut costs during the recession. The Yankees
have hundreds of premium seats still unsold, and a buyer has reportedly
backed out of buying a Mets luxury suite. The Cowboys have 2,000
premium seats and 50 luxury suites left to sell. “Let’s face it, if
you’re taking TARP funds, it’s really hard to justify getting a
[luxury] box,” said Neal Sroka, a luxury real estate agent at Prudential Douglas Elliman hired by the
Yankees to help sell the team’s premium seats.

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