Trending

More tax breaks for Yankee Stadium?

Sign Up for the undefined Newsletter

The Bloomberg administration has defended the Yankees’ request for more tax-exempt bonds for the new Yankee Stadium, saying the stadium will help bring jobs, revenue and parkland to the Bronx. The project has already received $942 million in tax-exempt financing, and the stadium is expected to be ready for opening day in 2009. The Yankees say the extra funds are needed for the scoreboard, concession stand and other stadium amenities.

Recommended For You