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Meet Your Industrial Development Agency
Last week, the board of the New York City Industrial Agency postponed a vote on whether to subsidize the construction of parking facilities at the new Yankee Stadium through the issuance of $225 million in triple tax exempt bonds. Streetsblog has no word yet on when the vote will occur, so in the meantime here is a list of the people who will be making the decision, with as much background as we could gather on the lesser-known members.
September 17, 2007
Does New York Need a ‘New Moses’?
Okay, so the question comprising the title of this post sounds naive enough to border on rhetorical. But in light of the city's current development climate, it takes a stronger resolve than mine to read "Power Broken," by NYU's Thomas Bender, without wondering which side of the fence to come down on.
September 13, 2007
Vote Postponed on Yankees Parking Subsidy
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.
September 11, 2007
The Bronx Is Burning Over Subsidized Stadium Parking
The people of the South Bronx will organize against the subsidized construction of parking garages for the new Yankee Stadium, one resident said yesterday.
September 7, 2007
Bronx Boro Prez Issues Protest at Yankees Parking Hearing
This morning a representative of Bronx Borough President Adolfo Carrion, Jr., read a statement of protest ahead of an expected Tuesday vote on the city's deal with the Yankees to subsidize the construction of three parking garages.
September 6, 2007
On Behalf of 5.2% of His Constituents, Dinowitz Opposes Pricing
The16% of Bronx residents who own cars tend to have significantly higher incomes than those who do not, according to data from the State Department of Motor Vehicles and the 2000 Census.
September 6, 2007
Take Me Out to the Yankees Parking Subsidy Hearing
As Streetsblog reported back in April, the city is set to subsidize thousands of parking spaces for the new Yankee Stadium by issuing hundreds of millions in tax-exempt bonds for parking deck construction.
September 5, 2007
A Few Minutes of Parking Permit Abuse With Andy Rooney
60 Minutes curmudgeon Andy Rooney is grumpy about a lot of things but using an expired press placard to park an S.U.V. in front of a fire hydrant doesn't seem to be one of them. It looks like Gawker scooped Uncivil Servants on this one:
September 4, 2007
City Promises $5M in Ped Safety Improvements at Mural Opening
The mother and grandfather of James Rice.
August 31, 2007