Bloomberg rejects $1.6 billion stadia deal...

Band Geek Mobster · Jan 7, 2002

http://dailynews.yahoo.com/h/ap/20020107/sp/bbo_bloomberg_stadiums_1.html

Bloomberg: No Stadiums This Year

NEW YORK (AP) - New York Mayor Michael Bloomberg said Monday that the city will not build stadiums for the Mets or Yankees this year because of its budget crisis.

``I think the city should have the best facilities for cultural and for athletic events that we possibly can afford,'' Bloomberg said.

``At the moment, everybody understands - given the lack of housing, given the lack of school space, given the deficit in the operating budget - it is just not practical this year to go and to build new stadiums.''

A few days before he left office last month, former Mayor Rudolph Giuliani signed tentative deals with the teams to construct two new $800 million stadiums, with the city paying half of that cost.

Bloomberg expressed skepticism about the deals given the city's projected $4 billion deficit next year, but Monday's comments were his most explicit so far.
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It kind of sucks that Giuliani tried sneaking this deal through at the end of his term, good move by Bloomberg...

MadMax · Jan 7, 2002

i agree..i like rudy (spelling?) but this all about his personal love for sports, not about what's great for the city. i have a hard time believing the mets and yankees are leaving the city if they don't get a new stadium soon...particularly in this economic climate.

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Bloomberg rejects $1.6 billion stadia deal...

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