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March 31, 2006
Arena and Stadium Money Flows Freely
The Wonkster (political blog for the Gotham Gazette)
Money can't buy you love, but it can buy you sports!
The Wonkster on the State money for the Nets arena:
The $33 million is less than the $100 million developer Bruce Ratner is seeking, but state lawmakers may have to explain why they included it as an amendment to the Education, Labor and Family Assistance section of the budget. [emphasis added]
When the Yankees couldn't earn the community's support for the Stadium, they decided to buy it:
The [Joyce Purnick NY Times] article (available only to subscribers) discusses an overlooked issue in the plan - how $700,000 in cash grants to community organizations and 15,000 Yankee tickets will be distributed and how that will affect the City Council’s vote on the project on April 5.
Posted by lumi at March 31, 2006 1:53 PM