South Bronx Develops Into Yankee Stadium Parking Lot

Yesterday’s City Limits article on Yankee Stadium parking contains a link to an interactive Google map, developed by author Mathilde Piard, of the stadium site and its surroundings. Users can click on the shaded areas for descriptions of each parking garage or surface lot, including how many cars it can hold and when it will be used.

Be sure to click on Garage A, formerly known as what was left of Macombs Dam Park, for the $237 million subsidy and free police parking feature.

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Yankee Stadium Parking Boondoggle Getting Worse Every Day

By Ben Fried |
The subsidy for the new Yankee Stadium’s 9,000 parking spaces keeps turning into a worse deal for New York City taxpayers. Juan Gonzalez reports in the Daily News that the garage operator is deep in the red, even after last year’s extended championship season: As of this month, Bronx Parking Development LLC owes the city […]

City Approves Subsidized Yankee Stadium Parking

By Brad Aaron |
Yes, the Yankees’ season is over. But on the bright side, this morning the city handed the team a nice consolation prize: $225 million in tax exempt bonds for parking deck construction at the new Yankee Stadium. Under the agreement, the city will give up some $2.5 million in taxes, with an estimated $5 million […]

Vote Postponed on Yankees Parking Subsidy

By Brad Aaron |
In an unusual move, the board of the New York City Industrial Development Agency (IDA) this morning postponed a vote on whether to issue tax-free bonds for parking facilities at the new Yankee Stadium. At a hearing last week, residents of the South Bronx, along with public advocates, protested the $225 million triple tax exempt […]

NYCEDC’s Yankee Stadium Parking Debacle: Who Woulda Thought?

By Brad Aaron |
In news that should surprise no one, the taxpayer-financed Yankee Stadium parking garages have been declared an unmitigated disaster. Anyone could have seen the deal was a loser from the start — that a sports stadium served by subways, buses and a new commuter rail station, a stadium that would have fewer seats for fans, […]