Proposed Soccer Arena in the Bronx
In the final days of the Bloomberg Administration, a plan emerged for a proposed Major League Soccer stadium to be built on the failed Yankee Stadium parking garages, to be paid for with major tax subsidies and free rent for the stadium.
For related news on the proposed Soccer Stadium development:
New York City Independent Budget Office, New Soccer Stadium Deal Bails Out Failed Parking Lots, Boots Money Owed to City for Decades, January 6, 2014
New York Daily News, Gonzalez: Yankees, sheik to get $200M in subsidies if city OKs soccer stadium deal, January 6, 2014
New York Daily News, Welcome gifts for de Blasio from Cuomo & Bloomberg, January 5, 2014
New York Daily News: Be Our Guest: The Yankees' deal for a soccer stadium would use taxpayer money and pave over parkland, (Bettina Damiani, Good Jobs New York and Veronica Vanterpool, Tri-State Transportation Campaign) December 29, 2013
New York Daily News: Gonzalez: Bronx soccer stadium deal near Yankee Stadium offers big incentives to Arab firm, December 11, 2013
WNYC: Deja Vu: Yankees Want More Tax Perks, This Time for Soccer Stadium, December 11, 2013
GJNY takes a close look at the proposed subsidy package--worth nearly $130 million--for Fresh Direct to relocate to the South Bronx. In early 2012, Fresh Direct started a bidding war between New York City and New Jersey officials when it threatened to leave its current home in Long Island City, Queens. Learn more about the subsidies, job promises and the efforts of residents to block the on-line grocery retailer's move to their waterfront.
Good Jobs New York's analysis and recommendations regarding federal state and local resources used in the post-Hurricane Sandy rebuilding.
Our database contains information on thousands of companies that received economic development subsidies in New York City.
Learn about major corporate giveaways to the financial industry, sports facilities and retail developments in New York City.