August 16, 2012
The MTA and a Flushing Meadows soccer stadium
2nd Ave. Sagas
by Benjamin Kabak
More on the potential park-grab for a Major League Soccer stadium, which may also include part of a rail yard and we know how well that always goes.
Despite two new baseball stadiums and a basketball arena, New York City’s appetite for sports venues has seemingly not been sated as rumors are swirling of Major League Soccer’s interest in Queens. Looking to expand into New York City proper, the U.S. professional soccer league has its eye on a parcel of Flushing Meadows Corona Park, and although these plans have a long way to go, the MTA has a role to play yet.
Stories and support for a Queens soccer stadium have been percolating out of Albany for much of the summer. The story took off earlier this week when Fredric Dicker of The Post ran a piece relying heavily on a few anonymous sources. MLS, he alleged, is nearing a deal for the stadium. The catch is that the city would have to give up at least nine acres of park land in Flushing Meadows, and the MTA would have to sell some of the land it owns near the LIRR tracks and Corona Yard.
For years, we’ve watched a parade of MTA higher-ups sell off authority land for next to nothing. The sweetheart deal the Authority gave Bruce Ratner for his Atlantic Yards development has rankled politicians and Brooklynites for years, and even the Hudson Yards deal had to be further incentivized for the MTA to realize any money. Lhota though seems to get what’s at stake. The MTA isn’t in a position to give up its assets without drawing value for them, and if the time comes to sell some land in Queens for a soccer stadium, the MTA should maximize its revenue. That day though may be a long time coming.
Posted by eric at August 16, 2012 5:02 PM