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February 8, 2008

Martini bar, other amenities help drive cost of Yanks' new home to $1.3B

Associated Press, via ESPN

YankeesStadiumConst-AP.jpg Atlantic Yards critics are not the only groups in town who are being blamed for cost overruns due to lawsuits.

From an article about Yankee Stadium amenities and cost overruns:

[Yankees COO Lon] Trost said the cost overruns included $150 million in enhancements such as the giant video screen, $138 million in food and beverage costs not included in the original estimate and $50 million from delays due to a lawsuit by community groups that sought to halt construction of the stadium.

NoLandGrab: Who would have imagined that Yankees' owner George Steinbrenner and Nets' owner Bruce Ratner didn't factor in delays due to lawsuits, when large chunks of City property was being taken away from the community?

Posted by lumi at February 8, 2008 5:35 AM