New Yankee Stadium
Spring 2009 is just around the corner and Yankee fans will be able to visit the new Yankee Stadium. Of course, it will be a little while before fans warm to the new stadium - these are indeed some big shoes to fill. Yankee Stadium has seen a lot of history come and go in the South Bronx over its 86 years; but the new Yankee Stadium will replace something great with something even greater; the new $1.3 million stadium promises to be a worthy addition to the team and to the city of New York.
Moving the stadium has been an idea since 1980 when the owner wanted to move the stadium to a safer area. Over the years, the South Bronx had become a dangerous neighborhood. While considerations were discussed and discarded new interest came to the team and by the early 90's attendance and security were up. This did not stop thoughts of a new stadium however; it just determined that the new stadium could remain in the Bronx.
Financial considerations were now the biggest obstacle to building new Yankee Stadium. During the last part of his term, the Mayor of New York came up with some plans to aid both the Yankees and the Mets to build new stadiums. Giuliani wanted to support the teams building desires by paying for half of the construction to the tune of eight hundred million dollars as well as an additional three hundred and ninety million for more transportation. The Mets would receive eighty thousand more in debt forgiveness and both teams would receive twenty-five million more for planning. To make the deal even sweeter the teams would have no property taxes, no sales tax and receive low cost electricity from the state. In addition, they would be allowed to keep 100% of parking fees, 96% of ticket fees, and 100% of all other generated revenue.
Giuliani's plan also included a waiver on sales and property taxes for both teams, as well as low cost, state subsidized electricity. Both teams would also receive 96% of ticket sales and 100% of parking fees for the new stadiums and other revenues. However, current Mayor Michael Bloomberg opted to use the escape clause in these contracts upon taking office. However, the Giuliani administration had allowed a clause in the contract permitting the teams to leave the city should the escape clause be used by the city. Thankfully for New York baseball fans, the city and the teams were able to come to an agreement and planning for the new stadiums in the Bronx and Queens continued.
The new Yankee Stadium has been designed carefully to be reminiscent of the current stadium. Indiana limestone will encompass the entire structure, just as was the case until the original stadium was renovated in 1974. The copper frieze which was present on the original stadium has also been replicated, but the interior features many new amenities for Yankees fans, including two new restaurants which will be open year round.
Whether you are a fan of the new Yankee Stadium or fear that a vital piece of Bronx history will be lost, it can be agreed upon that the new home of the Yankees will be one which preserves the character of the old while offering the comfort of the new. The construction of the first Yankee Stadium was a risk taken by the team; one which paid off for the team and the city - and it looks like history just might repeat itself in the Bronx next spring. - 20896
Spring 2009 is just around the corner and Yankee fans will be able to visit the new Yankee Stadium. Of course, it will be a little while before fans warm to the new stadium - these are indeed some big shoes to fill. Yankee Stadium has seen a lot of history come and go in the South Bronx over its 86 years; but the new Yankee Stadium will replace something great with something even greater; the new $1.3 million stadium promises to be a worthy addition to the team and to the city of New York.
Moving the stadium has been an idea since 1980 when the owner wanted to move the stadium to a safer area. Over the years, the South Bronx had become a dangerous neighborhood. While considerations were discussed and discarded new interest came to the team and by the early 90's attendance and security were up. This did not stop thoughts of a new stadium however; it just determined that the new stadium could remain in the Bronx.
Financial considerations were now the biggest obstacle to building new Yankee Stadium. During the last part of his term, the Mayor of New York came up with some plans to aid both the Yankees and the Mets to build new stadiums. Giuliani wanted to support the teams building desires by paying for half of the construction to the tune of eight hundred million dollars as well as an additional three hundred and ninety million for more transportation. The Mets would receive eighty thousand more in debt forgiveness and both teams would receive twenty-five million more for planning. To make the deal even sweeter the teams would have no property taxes, no sales tax and receive low cost electricity from the state. In addition, they would be allowed to keep 100% of parking fees, 96% of ticket fees, and 100% of all other generated revenue.
Giuliani's plan also included a waiver on sales and property taxes for both teams, as well as low cost, state subsidized electricity. Both teams would also receive 96% of ticket sales and 100% of parking fees for the new stadiums and other revenues. However, current Mayor Michael Bloomberg opted to use the escape clause in these contracts upon taking office. However, the Giuliani administration had allowed a clause in the contract permitting the teams to leave the city should the escape clause be used by the city. Thankfully for New York baseball fans, the city and the teams were able to come to an agreement and planning for the new stadiums in the Bronx and Queens continued.
The new Yankee Stadium has been designed carefully to be reminiscent of the current stadium. Indiana limestone will encompass the entire structure, just as was the case until the original stadium was renovated in 1974. The copper frieze which was present on the original stadium has also been replicated, but the interior features many new amenities for Yankees fans, including two new restaurants which will be open year round.
Whether you are a fan of the new Yankee Stadium or fear that a vital piece of Bronx history will be lost, it can be agreed upon that the new home of the Yankees will be one which preserves the character of the old while offering the comfort of the new. The construction of the first Yankee Stadium was a risk taken by the team; one which paid off for the team and the city - and it looks like history just might repeat itself in the Bronx next spring. - 20896
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