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April 23, 2009
Judge pressures Yankees to show stadium documents
AP, via Newsday.com
By Michael Gormley
While the City and State have dug in their heels, refusing requests from watchdogs for financial documents revealing the projected cost of Bruce Ratner's Atlantic Yards, there's a similar side-drama going on with the new Yankee Stadium.
A New York judge is ordering the Yankees to give him a catalog of financial records sought by state lawmakers investigating the use of public funds to help build the team's new stadium, or prove the data should remain private.
Two Assembly committees subpoenaed the records in January in the escalating fight with the team, but the Yankees withheld some key documents involving ticket prices and why some city officials received luxury box tickets
NoLandGrab: Common sense would dictate that the taxpayers ought to have knowledge of the finances of a project if taxpayer money is being used, but common sense is not so common.
Posted by lumi at April 23, 2009 5:19 AM