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January 29, 2009
Pricey stadium stations
Metro New York
By Patrick Arden
Here's a further example of how the City and State governments' enthusiasm to subsidize private sports facilities costs taxpayers more and more.
When the MTA agreed to spend $40 million for a station to service the new Yankee Stadium, rider advocate Gene Russianoff suggested the team pay for naming rights to the stop.
...
The cost of the new Metro-North station has climbed to $92 million —the city’s kicking in $39 million — and keeps rising: This week Metro-North approved $800,000 to keep the station clean.
“The Yankees have refused to contribute,” said Andrew Albert, a rider rep. on the MTA board.
NoLandGrab: Meanwhile, the State refuses to back off from subsidizing the proposed Nets Arena which will eat up plenty of taxpayer money, but return little.
Posted by steve at January 29, 2009 6:06 AM