Fresh on the heels of news that the city’s planning to pay double in subsidies for Atlantic Yards–a nugget Norman Oder broke on his blog–comes word that the city will also likely pay a lot more than originally planned for the new Yankee and Mets stadiums.
Mayor Bloomberg’s preliminary capital budget, released last week, has $586 million in funds set aside for the stadiums, up from an original $360 million, according to the Village Voice. And this funding doesn’t include tax and lease breaks.
Play ball, indeed.
– Tom Acitelli