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November 17, 2004
Pro-Stadium Activists Call For End To Cablevision Tax Breaks
The latest salvo in the West Side Stadium fight came from Mayor Bloomberg and the Hudson Yards coalition when they called for an end to tax breaks for Madison Square Garden, owned by Cablevision, the most outspoken opponent of the Stadium project and the hundreds of millions of public dollars it entails.
Joining the Mayor is Brooklyn Assemblyman Steven Cymbrowitz, who along with Queens Assemblymany Jose Peralta, plan to introduce legislation ending tax breaks for Cablevision.
Cymbrowitz would serve his constituents better if he took a stand against taxpayer financing of corporate greed across the board, instead of being used in a political battle that's not even in his own borough. Maybe if Ratner or Johnson wanted to build an arena or stadium in his backyard of Sheepshead Bay, he'd feel differently.
Posted by lumi at November 17, 2004 7:46 AM