Tuesday, July 22, 2014

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Sources: NYCFC In Negotiations To Build Stadium Near Yankee Stadium

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TWC News: Sources: NYCFC In Negotiations To Build Stadium Near Yankee Stadium
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Sources tell NY1 that New York City Football Club is in negotiations to construct a stadium on a portion of the old Yankee Stadium parking lots. NY1's Vivian Lee filed the following report.

If the Bloomberg administration, the Yankees and Major League Soccer get their way, sources tell NY1 that before 2018, a new soccer stadium will replace parking garages that have become a money-losing white elephant for the baseball franchise.

Sources say the deal could be inked by the end of the year, and sports fans are pretty excited.

"I think it's time to change things around, bring new sports to the Bronx," said one.

Sources say the new stadium would be home to the soccer league's newest team, the New York City Football Club, and some soccer fans, especially in immigrant communities around the Bronx, are cheering the proposal.

"Besides the United States, it's a major sport in the whole world, everywhere, Asia, Africa, Europe," said one person.

"If you look at the Bronx, most of the kids are mostly from other countries, and that's the sport that they play," said another.

However, there are concerns that the consortium behind the club, the Yankees and the United Emirates sheikh who owns Manchester City would get too sweet a deal. It would get hundreds of millions in tax-free bonds to build the stadium, and wouldn't have to pay property taxes for decades.

Until the soccer field is finished, the club would play at Yankee Stadium.

Some said that the deal is just too risky.

"This is not a popular sport for us, at least not yet," said one person. "I think they should just try it here, see what happens."

A spokeswoman for New York City Football Club would not confirm the deal, saying it's looking at sites all over the city.

The soccer stadium was nixed for Flushing Meadows-Corona Park because opponents did not want to give up the land. It remains to be seen if the block of unused parking garages would become a similar battleground.

It's not clear what position Mayor-elect Bill de Blasio would take should a deal be reached by the end of the year.

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