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City Gives Up Luxury Boxes at Yankee Stadium, CitiField


By

Jen Chung

Published Jan 7, 2009

Modified Jan 7, 2009


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Photograph of the new Yankee Stadium under construction last fall by skyliner72 on Flickr

 


By

Jen Chung

Published Jan 7, 2009

Modified Jan 7, 2009


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Realizing that talking about touch economic times while simultaneously keeping luxury boxes—for city use— at the new Yankee Stadium and CitiField is not great for his image, Mayor Bloomberg has agreed to give up the boxes in exchange for the cash. According to the Post, "The administration is asking both teams to peddle the boxes - the priciest go for $850,000 - to the highest bidders, and put the money in the city kitty over the next five years."

The NY Times points out "the Bloomberg administration...worked fervently to secure" the luxury boxes. Criticism mounted last November after e-mails correspondence between city officials and the Yankees was made public, revealing things like how the "city lawyers threatened to not make the request to the I.R.S. for the use of the tax-exempt financing unless the Yankees would consider providing the luxury suite." And when pressed by the media, Bloomberg administration officials claimed the seats would be rewards for city workers, though that wasn't mentioned in much of the correspondence.

Assemblyman Richard Brodsky isn't impressed by the city's decision to give up the boxes, "This is just an embarrassment. The city is broke, we can't fund the MTA, we can't fund schools, and we're giving them $400 million," referring to the Yankees' tax-free bonds, "And, by the way, we're giving up free luxury suites. This comes under the heading of 'give me a break.' "

Tagged

bloomberg

citifield

free luxury box

mayor bloomberg

yankee stadium

Yankees


Jen Chung

Jen Chung is a former WNYC and Gothamist editor.

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