« And baby makes three! | Main | Financing delays plague NYC projects for both offices and condos »
November 25, 2008
Pols want new name for Mets home: Taxpayer Field
AP via Yahoo Sports
Two New York City Council members say that Citigroup should show its thanks for a federal bailout by sharing the naming rights to the new Mets ballpark in Queens.
The struggling bank is slated to pay $400 million over the next 20 years to name the stadium Citi Field.
The bank made the commitment years ago, when it was flush with cash. Now that Citigroup is getting billions of dollars in federal aid, Staten Island Republicans Vincent Ignizio and James Oddo say the ballpark’s name should be changed to Citi/Taxpayer Field.
Citigroup and Mets chief operating officer Jeff Wilpon have been saying that they have no plan to alter the naming-rights deal for the ballpark, which hosts its regular-season opener April 13.
NoLandGrab: Given the hundreds upon hundreds of millions of dollars in public subsidies for the planned Atlantic Yards project, perhaps "Barclays Center" should be changed to "Barclays/NYC-NYS-Federal Taxpayer Center," unless Barclays does end up accepting aid from the British government, in which case "British" could be slipped in there somewhere, too.
Posted by eric at November 25, 2008 6:49 PM