"Council To Discuss Infrastructure Costs For New Stadiums" on NY1, 4/10/6

Talk about burying the lede! This piece reveals that the stadium will cost around $34 MILLION DOLLARS more than the $130 million originally proposed. You'd a thunk they'd a mentioned that last week when the City Council voted on it. You'd a thunk wrong!

Read below, or click the title.


Council To Discuss Infrastructure Costs For New Stadiums

April 10, 2006

A City Council committee will begin discussing financing for infrastructure for the proposed new stadiums for the Yankees and Mets Monday.

Although both teams have agreed to pay for construction, the city has committed to helping with infrastructure costs.

The parks department now says a new Yankee stadium will cost the city around $34 million more than the original proposal which was $130 million two weeks ago.

The full Council approved the Yankee plans for construction last Wednesday.

The Mets just made their plans public on Thursday.

The Daily News reports that some Queens Council members are asking the team to sweeten the deal.

They're asking for $50 million worth of perks under something called the "Community Partnership Agreement," which the Mets haven't signed yet.